10
See all 10 photos
$639,000
Est. payment /mo
8 Beds
5 Baths
New
57 Baldwin ST Tillsonburg, ON N4G 2K4
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Tillsonburg
MLS Listing ID X12228794
Style 2-Storey
Bedrooms 8
Building Age 100+
Annual Tax Amount $5,393
Tax Year 2024
Property Sub-Type Fourplex
Property Description
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!
Location
Province ON
County Oxford
Community Tillsonburg
Area Oxford
Rooms
Family Room Yes
Basement Finished
Kitchen 4
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Private Double
Garage Spaces 1.5
Pool None
Roof Type Asphalt Shingle
Topography Flat
Lot Frontage 19.0
Lot Depth 97.0
Total Parking Spaces 8
Building
Unit Features Public Transit
Foundation Concrete
Listed by RE/MAX a-b Realty Ltd Brokerage