UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 764 sqft
Price per Sqft $909
MLS Listing ID 40746782
Bedrooms 4
Abv Grd Liv Area 1,496
Year Built 1959
Annual Tax Amount $2,507
Property Sub-Type Duplex Up/Down
Source Simcoe
Property Description
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!
Location
Province ON
County Oxford
Area Tillsonburg
Zoning R2
Direction Simcoe Street to Tillson Ave to 4th Street to Frank St.
Rooms
Basement Full, Finished
Kitchen 0
Interior
Interior Features None
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Laundry Shared
Exterior
Roof Type Asphalt Shing
Lot Frontage 55.0
Lot Depth 67.0
Garage No
Building
Lot Description City Lot, Near Golf Course, Hospital, Library, Park, Schools, Shopping Nearby
Faces Simcoe Street to Tillson Ave to 4th Street to Frank St.
Story 1
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 1
Structure Type Brick Veneer,Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 000270419
Ownership Freehold/None
Virtual Tour https://www.youtube.com/watch?v=f5a7QouzUTA