$639,900
For sale: Multiplex

ATTENTION INVESTORS! There is nearly 2600 square ft of liveable space in this UP AND DOWN DUPLEX with the possibility of MORE! In the Upper, enjoy a well-kept, 2+1 bed, 1 bath unit, boasting a large open concept kitchen and living area that connects through sliding doors to an elevated and covered deck. Also, find a dedicated dining room, secondary sitting room as well as two beds and a 3pc bath on the main level. Upstairs, find a sprawling master bedroom with ample closet space and storage. This unit is occupied by Tenants who are willing to stay, and who pay a competitive market rate. BUT WAIT! THERE'S MORE! Downstairs, a legal 2 bedroom apartment was created in 2024! In this unit, you will find two spacious bedrooms, a 3pc bath, and an open concept kitchen and living area. This unit is also occupied by Tenants who are paying a current market rate and willing to stay! Other highlights include: Furnace and AC (22), roof (21), massive carport, updated windows. FURTHER OPPORTUNITY! A potential third unit, with its own fenced yard area can potentially be created in the space currently operating as the carport. The carport is massive with skylights - Buyer to verify. This home is located on a quiet street and situated mere walking distance to schools, shopping, trails, ballfields, Lake Lisgar and the Tillsonburg Community Centre. It offers a traffic light-free commute to the 401 (14 min). This property represents a great opportunity for; families looking multi-generational accommodation and/or for investors seeking units with reliable tenants paying market rates, as well as the option to create more. Don't let this opportunity pass you by!
Sold data
Homes in Tillsonburg took a median of 47 days to sell over the last 90 days, with the quickest quarter selling within 24 days and the slowest quarter taking more than 91, across 87 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 92 days.
The median sale price was $524,900.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 41% of sellers reduced their price before finding a buyer.
Based on 87 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Tillsonburg has 4 Fraser Institute–rated schools (3 elementary and 1 secondary), averaging 4.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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