$585,000

Investment For Sale In Tillsonburg, Ontario

$585,000

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: None

Building Features:

  • Floor Space: 1496 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • 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
  • Laundry Features: Shared
  • Lot Depth: 67 Feet
  • Lot Features: City Lot, Near Golf Course, Hospital, Library, Park, Schools, Shopping Nearby
  • Lot Frontage: 55.00 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 2

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

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