57 BALDWIN Street, Tillsonburg, ON N4G 2K4

Tillsonburg N4G 2K4 Ontario

MLS: X10744950

$689,000

Added 4 days ago | For Sale

Listed by: Re/Max a-b Realty Ltd Brokerage

About Property

Designed with the concept of a private owner's suite at the rear, this exceptional 4-plex in downtown Tillsonburg offers unlimited potential. Whether you envision living in the spacious back unit while the rental income from the front three units covers your mortgage, or you're a savvy investor seeking an excellent opportunity, this property provides flexibility and convenience with walking access to numerous amenities. The back unit features a raised ranch layout with generous living space, two bedrooms, two bathrooms, a private laundry area, and a back patio overlooking a large yard—ideal for summer relaxation. Meanwhile, the three front units are tenant-occupied and heated by electric heat, with tenants covering utility costs. In 2009, the front units were extensively renovated, taken down to the studs, and rebuilt to code, featuring new vinyl windows, separately metered plumbing and electrical systems, updated kitchens and bathrooms, new entry doors, and fire separations—all inspected and approved. Additional updates include a new roof in 2016, new windows in the back unit in 2022, and a newly added asphalt pad (21' x 24') in front of the garage for added convenience. Buyer to assume all tenants. This impeccably maintained property is ready to meet a variety of needs—don't miss this exceptional investment opportunity!

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 50 X 145.4
  • Water:Municipal
  • Garage Spaces: /Single Detached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Broadway Street south to Baldwin Street, turn right, follow to #57 to view from front. To access the property turn off Baldwin Street onto Racoon Alley, the driveway is on the right and goes behind the property on the corner.
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $5020
  • Bedrooms:
  • Total Parking Spaces:5
  • Parking Places:5
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X10744950

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