Live in One, Rent the Other – Ideal for First-Time Buyers or Investors!
This charming and well-maintained legal duplex in the heart of Tillsonburg offers a perfect opportunity for first-time buyers to enter the market with the potential to offset mortgage costs, or for investors looking for a flexible property with upside. The lower level unit features 2 bedrooms, a full bathroom, an eat-in kitchen, a comfortable living room, and shared laundry. It is currently leased at $1,595/month, providing immediate rental income. The upper unit offers 2 bedrooms, a full bath, a functional kitchen, and a bright living space — ideal for owner occupancy or future rental potential. Whether you choose to live in one unit and rent the other, keep it as a duplex investment, or convert it to a single-family home, this property offers versatility and value. Located just minutes from Lake Lisgar, schools, parks, shopping, and amenities, it’s a great location for families and tenants alike. Bonus: The Seller is open to offering a Vendor Take Back mortgage (VTB) for qualified buyers — a unique financing option that could help you make your move sooner. Don’t miss this affordable and adaptable opportunity in a growing community!