139 North St E - Apartments FOR SALE


Tillsonburg, ON N4G 1B4
$2,850,000 CAD
519-842-8418

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$2,850,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

139 North St E
Tillsonburg, ON N4G 1B4


HIGHLIGHTS

  • Each unit is designed with a functional floor plan, modern finishes, and a full-sized appliance package.
  • Purpose-built multifamily design supports a residential rental investment strategy.
  • Slab-on-grade construction eliminates interior stairs.
  • Offered as a pre-construction acquisition opportunity.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,850,000 CAD

PRICE/SF

$570 CAD /SF

# OF UNITS

8

PRICE/UNIT

$356,250

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

-

APN/PARCEL ID

000280242

ASK ABOUT THIS PROPERTY

Dane WillsonRoyal LePage R.E.Wood RealtyMore Info
519-842-8418

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Dane WillsonRoyal LePage R.E.Wood RealtyMore Info
519-842-8418

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.