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For Sale - 13-21 Queen Street Unit# 13, Tilbury, Ontario

Est payment $5,924/mo
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Time on Jump  80 day

AI Summary *

  • 10 unit mixed-use building with strong investment potential in downtown Tilbury.
  • Opportunity to convert to over 14 units with ongoing renovations.
  • Prime location with high visibility and foot traffic for commercial units.
  • Large commercial unit allows for potential residential conversion.
  • Well-maintained with recent updates and demand for residential apartments.




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.
Listing ID25001095
Address13-21 Queen Street Unit# 13
CityTilbury, Ontario
Price$1,195,000
ConstructionAluminum/Vinyl, Brick, Wood Siding
FlooringCushion or Lino or Vinyl, Laminate, Mixe…
Land Size73' X 191'
TypeMulti-Family
StatusFor Sale

Subtype 9 - 12 UnitInclusions All Landlord owned appliancesOwnership FreeholdBuilding Amenities Store FrontAppliances Refrigerator, StoveFoundation SlabHeating / Cooling Baseboard Heaters, Forced Air, Furnace, Partially Air ConditionedHeating Fuel Electric, Natural GasHot Water Tank GasUtility Water Municipal WaterSewer Sanitary

Date Listed Jan 16, 2025Days on Market 80Parking Gravel
ASAP

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Reem Dawood

Reem Dawood

Realtor®

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Schools

3 public & 4 Catholic schools serve this home. Of these, 7 have catchments.

Parks & Rec

4 playgrounds, 2 ball diamonds and 2 other facilities are within a 20 min walk of this home.

Listing Agency:  RE/MAX CAPITAL DIAMOND REALTY - 821
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13-21 Queen Street Unit# 13
Tilbury , Ontario
$1,195,000
Get more info