13-21 Queen Street Tilbury, Ontario N0P 2L0

$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:55464)

Property Details

MLS® Number	25001095
Property Type	Multi-family
Equipment Type	Water Heater - Gas
Rental Equipment Type	Water Heater - Gas

Building

Cooling Type	Partially Air Conditioned
Exterior Finish	Aluminum/vinyl, Brick
Flooring Type	Laminate, Mixed Flooring, Cushion/lino/vinyl
Heating Fuel	Electric, Natural Gas
Heating Type	Baseboard Heaters, Forced Air, Furnace
Stories Total	2
Type	Multi-family

Parking

Other

20

Land

Acreage	No
Size Irregular	73' X 191'
Size Total Text	73' X 191'
Zoning Description	Uc (cbd)

Rooms

Level	Type	Length	Width	Dimensions
Second Level	3pc Bathroom			Measurements not available
Second Level	Kitchen/dining Room			Measurements not available
Second Level	Bedroom			Measurements not available
Second Level	Kitchen/dining Room			Measurements not available
Second Level	Living Room			Measurements not available
Second Level	3pc Bathroom			Measurements not available
Second Level	Bedroom			Measurements not available
Second Level	Living Room			Measurements not available
Second Level	Kitchen/dining Room			Measurements not available
Second Level	3pc Bathroom			Measurements not available
Second Level	Bedroom			Measurements not available
Second Level	Living Room			Measurements not available
Second Level	Kitchen/dining Room			Measurements not available
Second Level	3pc Bathroom			Measurements not available
Second Level	Bedroom			Measurements not available
Second Level	Bedroom			Measurements not available
Second Level	3pc Bathroom			Measurements not available
Second Level	Bedroom			Measurements not available
Second Level	Kitchen/dining Room			Measurements not available
Second Level	Living Room			Measurements not available

https://www.realtor.ca/real-estate/27809407/13-21-queen-street-tilbury