4 Prospect Street, Tillsonburg, ON N4G 2L6
Tillsonburg, ON, N4G 2L6 · Tillsonburg
About this property
Located in the heart of downtown Tillsonburg, this 12 unit purpose built apartment building features 5 two bedroom, 5 one bedroom and 2 bachelor suites. Unique common patio area at the front. Excellent cash flow with minimum vacancy and plenty of upside potential to increase rents. Building has been well cared for by the current owners with thousands invested in capital and cosmetic improvements-new roof (2022), new windows 2012, electrical and plumbing have been upgraded, all units have been updated including kitchen cabinets, bathroom fixtures and flooring ceramic tile hallways, rubber stair treads on 4 staircases in main hallways, concrete walkway in front courtyard, two new front entry precast concrete stairs, new coin operated laundry and two new water heaters in last ten years. Sale also includes a vacant lot at 8 Bidwell at the corner of Prospect Street (.094 A). This is an excellent addition to any investment portfolio. Rent roll including operating costs available to interested parties. Viewings on Wednesdays starting May 13th between 3-5 pm.
Features & Amenities
- Basement: Full
- Garage: None
- Cooling: None
- Heat Type: Water
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick, Metal/Steel Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 15 |
| Bathrooms | 12 |
| Basement | Full |
| Garage | None |
| Parking Spaces | 12 |
| Heat Type | Water |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $20,596 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Other
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick, Metal/Steel Siding
- Foundation Details
- Concrete Block
- Roof
- Membrane
- Basement
- Full
Heating & Cooling
- Heat Type
- Water
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 12
- Parking Total
- 12.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 67.00
- Lot Width
- 95.50
Financial & Tax
- Tax Annual Amount
- $20,596
- Tax Year
- 2025
- Possession Type
- 30-59 days
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 35
- Kitchens Above Grade
- 12
- Kitchens Total
- 12
- Bedrooms Above Grade
- 15
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Oxford
- Cross Street
- Broadway Street
- Directions
- Located just off of Broadway Street.
- Special Designation
- Other
- Showing Requirements
- List Brokerage
Location
4 Prospect Street, Tillsonburg, ON N4G 2L6, Tillsonburg, ON, N4G 2L6