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$585,000

4 Beds

2 Baths

1496 FEETSQ

QuickQuoteTM: $499K - $595K

Tillsonburg ON, N4G 3M5

MLS® # 40746785

Property Information:

Live in One, Rent the Other – Ideal for First-Time Buyers or Investors!This charming and well-maintained legal duplex in the heart of Tillsonburg offers a perfect opportunity for first-time buyers to enter the market with the potential to offset mortgage costs, or for investors looking for a flexible property with upside. The lower level unit features 2 bedrooms, a full bathroom, an eat-in kitchen, a comfortable living room, and shared laundry. It is currently leased at $1,595/month, providing immediate rental income. The upper unit offers 2 bedrooms, a full bath, a functional kitchen, and a bright living space — ideal for owner occupancy or future rental potential. Whether you choose to live in one unit and rent the other, keep it as a duplex investment, or convert it to a single-family home, this property offers versatility and value. Located just minutes from Lake Lisgar, schools, parks, shopping, and amenities, it’s a great location for families and tenants alike. Bonus: The Seller is open to offering a Vendor Take Back mortgage (VTB) for qualified buyers — a unique financing option that could help you make your move sooner. Don’t miss this affordable and adaptable opportunity in a growing community!

Inclusions: Gas Stove

Building Features:

  • Floor Space: 1496 Square Feet

Property Features:

  • Bedrooms: 4
  • Bathrooms: 2+0
  • Acres Range: < 0.5
  • Architectural Style: Bungalow
  • Basement: Full, Finished
  • Built in: 1959
  • Construction Materials: Brick Veneer, Vinyl Siding
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 1496 Square Feet
  • Heating: Forced Air, Natural Gas
  • Lot Depth: 67 Feet
  • Lot Features: Urban, City Lot, Near Golf Course, Hospital, Park, Schools, Shopping Nearby
  • Lot Frontage: 55.00 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal-Metered
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 2

Rooms:

  • Foyer Main Level 3.23 X 3.86
  • Living Main Level 4.34 X 3.86
  • Kitchen Main Level 2.62 X 3.10
  • Primary Bedroom Main Level 3.99 X 3.10
  • Dining Main Level 2.79 X 3.10
  • Bathroom Main Level
  • Bedroom Main Level 2.49 X 2.54
  • Eat-in Kitchen Basement Level 5.59 X 4.39
  • Living Basement Level 4.32 X 3.23
  • Bedroom Basement Level 3.25 X 3.12
  • Bathroom Basement Level
  • Primary Bedroom Basement Level 3.56 X 2.92

Courtesy of: THE REALTY FIRM ERIE'S EDGE REAL ESTATE BROKERAGE

This listing content provided by Brokers PlaybookTM

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Location of 80 Frank Street, Tillsonburg, ON, N4G 3M5

Demographic Information of 80 Frank Street, Tillsonburg, ON, N4G 3M5

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$91,495.33

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.12 %

High school certificate or equivalent

34.66 %

Apprenticeship trade certificate/diploma

3.66 %

College/non-university certificate

23.33 %

University certificate (below bachelor)

0.03 %

University Degree

7.2 %

Commuter

Travel To Work

By Car

87.89 %

By Public Transit

0.0 %

By Walking

8.12 %

By Bicycle

0.0 %

By Other Methods

3.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.35 %

Houses

49.65 %

Own Vs. Rent