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!
| MLS # | 40746782 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 126 |
| Listing Provided By | THE REALTY FIRM ERIE'S EDGE REAL ESTATE BROKERAGE | Greg Mitchell |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 764 |
| Basement | Y |
| Story(s) | 1 |
| Units | 2 |
| Zoning | R2 |
| Golf Course | Yes |
| Property | 2507 |
|---|
| Province | ON |
|---|---|
| County | Oxford |
| City | Tillsonburg |
| Postal Code | N4G 3M5 |
| Area | Tillsonburg |
| Subarea | Tillsonburg |
| Community Name | Tillsonburg |
| Province | ON |
|---|---|
| County | Oxford |
| City | Tillsonburg |
| Postal Code | N4G 3M5 |
| Area | Tillsonburg |
| Subarea | Tillsonburg |
| Community Name | Tillsonburg |