For Sale - 4 Prospect Street, Tillsonburg, Ontario

Est payment $8,403/mo
Views   1
Time on Jump  60 day
  • Located in downtown Tillsonburg with easy access to amenities.
  • Features 12 well-maintained units: 5 two bedrooms, 5 one bedrooms, 2 bachelors.
  • Unique common patio area provides outdoor space for residents.
  • Recent upgrades include new roof, windows, and improved electrical and plumbing.
  • Includes an additional vacant lot for expansion or future development.



Located in the heart of downtown tillsonburg, this 12 unit purpose built apartment building features 5 two bedroom, 5 one bedroom and 2 bachelor suites. Unique common patio area at the front. Excellent cash flow with minimum vacancy and plenty of upside potential to increase rents. Building has been well cared for by the current owners with thousands invested in capital and cosmetic improvements-new roof (2022), new windows 2012, electrical and plumbing have been upgraded, all units have been updated including kitchen cabinets, bathroom fixtures and flooring ceramic tile hallways, rubber stair treads on 4 staircases in main hallways, concrete walkway in front courtyard, two new front entry precast concrete stairs, new coin operated laundry and two new water heaters in last ten years. Sale also includes a vacant lot at 8 bidwell at the corner of prospect street (. 094 a). This is an excellent addition to any investment portfolio. Rent roll including operating costs available to interested parties. Viewings on wednesdays starting may 13th between 3-5 pm.
Listing IDX13096768
Address4 Prospect Street
CityTillsonburg, Ontario
Price$1,750,000
Bed / Bath15 / 12 Full
Style2-Storey, Multiplex
ConstructionBrick, Metal/Steel Siding
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features OtherOwnership FreeholdBasement FullFoundation Concrete BlockHeating / Cooling WaterHeating Fuel GasSewer Sewer
Parking 12.00
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Listing Agency:  RE/MAX CENTRE CITY REALTY INC.

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4 Prospect Street
Tillsonburg , Ontario
15 12 $1,750,000
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