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$2,850,000

139 NORTH STREET E, Tillsonburg, Ontario, N4G 1B4

MLS® # X13504830

Tillsonburg ON, N4G 1B4

MLS® # X13504830

Property Information:

PRE-CONSTRUCTION INVESTMENT OPPORTUNITY! BRAND NEW To Be Built 8-UNIT SINGLE-STOREY APARTMENT BUILDING An incredible addition to any real estate portfolio, this rare, purpose-built single-storey apartment building is officially available for acquisition ahead of construction. Designed with modern efficiency, low-maintenance longevity, and accessibility in mind, this slab-on-grade development completely eliminates the burden of stairs, making it highly desirable for a premium, long-term tenant demographic.The building features a uniform, highly marketable layout comprised of 8 spacious units. Each unit is thoughtfully designed with a functional floor plan, premium modern finishes, and an individual, full-sized appliance package including a refrigerator, stove, dishwasher, over-the-range microwave, and in-suite washer and dryer. To ensure maximum profitability and minimal landlord overhead, all units will be individually metered, with tenants paying 100% of their own utilities.By purchasing pre-construction, you secure a brand-new, turnkey multi-family asset built to the latest energy-efficient codes, yielding low operating costs and exceptional capitalization rates from day one. Skip the headache of competing for older, high-maintenance value-add properties and step into a clean, modern revenue stream. Complete architectural site plans, projected rent rolls, and pro forma financials are available. Secure this high-performing asset today and watch your portfolio grow. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 116 Feet
  • Lot Frontage: 156 Feet
  • Lot Size: 0.42 Acres
  • Zoning: R2

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 139 NORTH STREET E, Tillsonburg, Ontario, N4G 1B4

Demographic Information of 139 NORTH STREET E, Tillsonburg, Ontario, N4G 1B4

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$108,528.43

Average Number of Children

1.82

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.52 %

High school certificate or equivalent

28.51 %

Apprenticeship trade certificate/diploma

8.17 %

College/non-university certificate

28.26 %

University certificate (below bachelor)

0.88 %

University Degree

11.65 %

Commuter

Travel To Work

By Car

94.18 %

By Public Transit

0.0 %

By Walking

2.51 %

By Bicycle

0.0 %

By Other Methods

3.31 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.53 %

Houses

81.47 %

Own Vs. Rent