$1,699,000
For sale: Other

Carefree Investment Offering Over $100,000 Triple Net Income "Per Year" (Approx. 6.0% CAP Rate) For The Next 3 Years Plus A 5 Year Option. Strong Tenant W/ Multiple Locations Secures A Piece Of Mind Investment Property To Start Or Add To Any Real Estate Portfolio. Building Totally Renovated In 2022 Including: 400 Amp / 600 Volt Upgraded Service, Fenced/ Gated Perimeter, Advanced Security System With Multiple Camaras Including Exterior Infrared Camaras, Epoxy Floors And PVC Walls & Ceilings Throughout Main Floor. 3200 Sq. Ft. Facility on Main Floor Plus 800 Sq. Ft. Mezzanine Offering; Office, Security Room, Lunch Room, IT Room, 2nd Washroom And Additional Storage. No Expense Was Spared Building This State Of The Art Health Canada Approved Facility. Situated On A 0.54 Acre Fully Serviced Reverse Pie Lot With A Frontage Of 180 Ft. And Depths Of 321 Ft & 216 Ft. Building Can Also Be Expanded To Cover 70% Of Lot Area As Per Zoning.
Sold data
Homes in Tillsonburg took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 78, across 89 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 92 days.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 $550,000.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 42% of sellers reduced their price before finding a buyer.
Based on 89 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.
Currently for sale

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