Beautifully maintained 7-unit multifamily property offering stable income with room to grow. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, with several units updated between tenancies. Two units are currently vacant, providing immediate opportunity for new leasing or flexible use.Ample on-site parking and a 3,000 sq.ft. insulated and heated detached garage/shop with plumbing add to the versatility of the property. The shop is currently owner-occupied but may be leasable for hobby, storage, or small business purposes.Situated on a 1.09-acre CH-zoned corner lot with dual road access, the property offers future-use versatility and long-term potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is a well-managed asset with solid existing tenants and clear upside available through lease-up of the vacant units and optional shop use. (41411637)
Cross Streets: Corner of Highway 3 and Jackson Side Rd. ** Directions: From 401 take exit 218 (Ingersoll/ Tillsonburg). Head south on Hwy 19 (about 15-20 Mins). Follow Signs to Hwy 3 (Talbot Rd). Turn Left/ East onto Hwy 3 - follow to 285 Hwy 3.
Property Type
Multi-family
Building Type
Multi-Family
Age Of Building
51 to 99 years
Annual Property Taxes
$10,772.35 (CAD)
Time on REALTOR.ca
69 days
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