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57 Baldwin Street Tillsonburg, Ontario N4G 2K4

8 Bedroom 5 Bathroom 3351 sqft
Central Air Conditioning Baseboard Heaters, Forced Air

$689,000

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:17537)

Property Details

MLS® Number 40632543
Property Type Multi-family
Amenities Near By Airport, Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre
Features Laundry- Coin Operated
Parking Space Total 7

Building

Bathroom Total 5
Bedrooms Total 8
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1925
Cooling Type Central Air Conditioning
Exterior Finish Brick
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Size Interior 3351 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Airport, Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 145 Ft
Size Frontage 50 Ft
Size Total Text Under 1/2 Acre
Zoning Description Ec-r(h) Entrepreneurial

https://www.realtor.ca/real-estate/27281735/57-baldwin-street-tillsonburg

Interested?

Contact us for more information


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Lindsay Morgan-Jacko
Broker

(519) 639-1026

RE/MAX A-B Realty Ltd Brokerage
2 Main Street East
Norwich, Ontario N0J 1P0

(519) 842-5000
www.remaxabrealty.ca/

Barbara Morgan
Broker

(519) 688-8131

RE/MAX A-B Realty Ltd Brokerage
2 Main Street East
Norwich, Ontario N0J 1P0

(519) 842-5000
www.remaxabrealty.ca/

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