31 Clearview Drive, Tillsonburg, ON N4G 4H3
$1,699,000
Carefree Investment Offering Over $100,000 Triple Net Income "Per Year" (Approx. 6.0% CAP Rate) For The Next 3 Years Plus A 5 Year Option. Strong Tenant W/ Multiple Locations Secures A Piece Of Mind Investment Property To Start Or Add To Any Real Estate Portfolio. Building Totally Renovated In 2022 Including: 400 Amp / 600 Volt Upgraded Service, Fenced/ Gated Perimeter, Advanced Security System With Multiple Camaras Including Exterior Infrared Camaras, Epoxy Floors And PVC Walls & Ceilings Throughout Main Floor. 3200 Sq. Ft. Facility on Main Floor Plus 800 Sq. Ft. Mezzanine Offering; Office, Security Room, Lunch Room, IT Room, 2nd Washroom And Additional Storage. No Expense Was Spared Building This State Of The Art Health Canada Approved Facility. Situated On A 0.54 Acre Fully Serviced Reverse Pie Lot With A Frontage Of 180 Ft. And Depths Of 321 Ft & 216 Ft. Building Can Also Be Expanded To Cover 70% Of Lot Area As Per Zoning.
Property summary
Property
| Lot size | 0.54 |
| Lot width | 180 |
| Lot depth | 321 |
| Lot shape | Reverse Pie |
Power & Services
| Heating type | Fan Coil |
| Utilities | Yes |
Residential
| Bathrooms | 2 |
Zoning & Taxes
| Taxes / yr | $4,973 |
| Tax year | 2025 |
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Data provided by TRREB. Listed by SKYBOUND REALTY.