57 BALDWIN ST Active

Tillsonburg,ON N4G 2K4

$ 689000

8 Beds

5 Baths

3351 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,351 sqft

Price per Sqft $205

MLS Listing ID X10744950

Bedrooms 8

Annual Tax Amount $5,020

Tax Year 2023

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

State ON

County Oxford

Community Tillsonburg

Area Oxford

Zoning EC-R(H) Entrepreneurial

Region Tillsonburg

City Region Tillsonburg

Rooms

Basement Walk-Up,Finished

Kitchen 0

Interior

Interior Features None

Cooling Central Air

Inclusions 4 refrigerator, 4 stove, 1 coin operated washer, 1 coin operated dryer, washer & dryer in back unit., None

Laundry Common Area,Coin Operated

Exterior

Parking Features Private

Garage Spaces 7.0

Pool None

Community Features Recreation/Community Centre,Public Transit,Park

Utilities Available Unknown

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 145.4

Total Parking Spaces 7

Building

Lot Description Irregular Lot

Foundation Other

New Construction false

Others

Senior Community Yes

Security Features Carbon Monoxide Detectors

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