57 BALDWIN Street

Multi-family For Sale in Tillsonburg, Ontario

$689,000
  • 8 Beds
  • 5 Baths
  • 3,351 Sq. Ft.
  • Built 1925
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. This impeccably maintained property is ready to meet a variety of needs—don't miss this exceptional investment opportunity! (id:4069)
Address 57 BALDWIN Street
List Price $689,000
Property Type Multi-family
Type of Dwelling Fourplex
Area Ontario
Sub-Area Tillsonburg
Bedrooms 8
Bathrooms 5
Floor Area 3,351 Sq. Ft.
Year Built 1925
MLS® Number 40632543
Listing Brokerage Re/Max a-b Realty Ltd Brokerage
Basement Area Full (Finished)
Postal Code N4G2K4
Zoning EC-R(H) Entrepreneurial
Site Influences Airport, Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Features Laundry- Coin operated

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