56-58 FRANK STREET, Tillsonburg

$624,900

For sale: Multiplex

Multiplex at 56-58 FRANK STREET, Tillsonburg
Property type
Duplex
Bedrooms / bathrooms
6 bedrooms, 2 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13830432
Neighbourhood
Tillsonburg

Great opportunity for fiirst-time buyers or investors. Own a charming multi-family home on a corner lot in a desirable neighbourhood! Whether you're looking to live in one unit and rent out the other or add a solid property to your investment portfolio, this property offers plenty of possibilities. Two semi's under one ownership. Each unit features two levels with 3 bedrooms & 1 bathroom, along with plenty of original character throughout. Original hardwood floors add warmth and charm, while the front foyer entry and coat closet create a welcoming & functional entrance into each home.The kitchens offer practical space and character, including a built-in pantry in the hall for additional storage. Each unit also features its own private basement with laundry and development potential for a small rec room or office space, providing convenient storage and functionality. With classic details and the opportunity to make each unit your own, this property offers a wonderful combination of character, functionality and investment potential. Enjoy a fantastic location with close proximity to Lake Lisgar, Tillsonburg Town Centre, less than 350m to Kinsmen bridge which connects to walking paths and quick acess to the community centre, splash pad, water park, dog park, and schools, making everyday amenities and recreation easily accessible. A great opportunity to own a character-filled multi-family home in a convenient & established neighbourhood. Live in one side while generating rental income from the other!

Sold data

Homes in Tillsonburg — recent sold market

Homes in Tillsonburg took a median of 42 days to sell over the last 90 days, with the quickest quarter selling within 24 days and the slowest quarter taking more than 90, across 85 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 92 days.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 $524,999.

Homes sold for about 2.6% 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.

Median days to sell
42
Median sale price
$524,999
Sale-to-list ratio
97.4%
Sold above asking
5%

Based on 85 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

Schools in Tillsonburg

Tillsonburg has 4 Fraser Institute–rated schools (3 elementary and 1 secondary), averaging 4.2/10.

Rated schools
4
Elementary
3
Secondary
1
Average rating
4.2 / 10

Top-rated schools in Tillsonburg

  • Westfield — elementaryFraser rating 5.1/10
  • Glendale — secondaryFraser rating 4.7/10
  • South Ridge — elementaryFraser rating 4.0/10
  • Annandale — elementaryFraser rating 3.1/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 56-58 FRANK STREET