57 BALDWIN Street, Tillsonburg, ON Image 1

$689,000

$725,000
5.0% dropped

Last price change Oct 17, 2024

Investment For Sale
MLS - #X10744950
4 days ago- By Re/Max a-b Realty Ltd Brokerage

57 BALDWIN Street, Tillsonburg, ON N4G 2K4

8 Bed
Bath
3351 Sqft.
Single Detached Garage

Property Description

Property type

Investment

Lot size

< .50

Style

Approx. Area

3351 Sqft

About 57 BALDWIN Street

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!

Home Overview

Last updated

4 days ago

Virtual tour

None

Basement information

Building size

3351

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:Partial
Heating:Baseboard
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
68900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 57 BALDWIN Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2631.51/ month
$551,200 Principal and Interest

Some information about this property - BALDWIN Street

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