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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:53271)

Property Details

MLS® Number 40632543
Property Type Multi-family
AmenitiesNearBy Airport, Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
CommunityFeatures Community Centre
Features Laundry- Coin Operated
ParkingSpaceTotal 7

Building

BathroomTotal 5
BedroomsTotal 8
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1925
CoolingType Central Air Conditioning
ExteriorFinish Brick
HeatingFuel Electric, Natural Gas
HeatingType Baseboard Heaters, Forced Air
StoriesTotal 2
SizeInterior 3351 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
LandAmenities Airport, Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 145 Ft
SizeFrontage 50 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Ec-r(h) Entrepreneurial

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

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