David J Binder

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(226) 346-7459

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21 Queen Unit# 13, Tilbury, Ontario

$1,195,000

Appraised at $1,569,000! If you’re an investor seeking strong fundamentals, creative financing & massive upside potential, you’ve found it w/ this 10 unit mixed-use (6 Res/ 4 Comm) bldg in downtown Tilbury that has the opportunity to become 14+ units. Major updates include flat roof (23), facade masonry overhaul (24), several renovated units, exterior stairs & decking, along with preparatory demo for additional units yet to be created. The 4 commercial units benefit from walk by traffic, street parking & a municipally maintained rear lot. The largest commercial unit offers an opportunity for residential conversion at the rear (draft plans available) along with a large storefront featuring high ceilings & reclaimed brick. The apartments are always in demand, with one currently being renovated & another partially demolished in preparation for splitting into two. Contact LA for complete details about residential conversion opportunities, creative lending options & appraisal. (id:56241)

Listing ID: 25001095
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
3pc Bathroom	Second level	Measurements not available
Kitchen/Dining room	Second level	Measurements not available
Bedroom	Second level	Measurements not available
Kitchen/Dining room	Second level	Measurements not available
Living room	Second level	Measurements not available
3pc Bathroom	Second level	Measurements not available
Bedroom	Second level	Measurements not available
Living room	Second level	Measurements not available
Kitchen/Dining room	Second level	Measurements not available
3pc Bathroom	Second level	Measurements not available
Bedroom	Second level	Measurements not available
Living room	Second level	Measurements not available
Kitchen/Dining room	Second level	Measurements not available
3pc Bathroom	Second level	Measurements not available
Bedroom	Second level	Measurements not available
Bedroom	Second level	Measurements not available
3pc Bathroom	Second level	Measurements not available
Bedroom	Second level	Measurements not available
Kitchen/Dining room	Second level	Measurements not available
Living room	Second level	Measurements not available

Details

Equipment: Water Heater - Gas
Ownership: Freehold
Rental Equipment: Water Heater - Gas
Transaction: For sale
Zoning Description: UC (CBD)

Building

Cooling: Partially air conditioned
Exterior Finish: Aluminum/Vinyl, Brick
Fireplace Present: False
Flooring: Laminate, Mixed Flooring, Cushion/Lino/Vinyl
Heating: Baseboard heaters, Forced air, Furnace
Heating Fuel: Electric, Natural gas
Stories Total: 2
Type: Multi-Family

Land

Size Irregular: 73' X 191'

Listing provided by RE/MAX CAPITAL DIAMOND REALTY - 821
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 21 Queen Unit# 13 in Tilbury Ontario. It was last modified on January 16th, 2025. Contact David J. Binder to schedule a viewing or to discover other Tilbury real estate for sale.

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