$2,250,000
267-273 BROADWAY
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Tillsonburg. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Unlock the potential of this rare 0.689-acre high-visibility assembly in the heart of Tillsonburg. Strategically located on Broadway, this offering consists of two separate deeded lots with significant frontage, positioned perfectly for a high-density residential or mixed-use development. While you plan your project, enjoy strong holding income from two meticulously maintained buildings: a charming single-family home and a versatile duplex. Both are fully tenanted with excellent occupants and have been kept in top-tier condition. With Tillsonburg being one of Ontario's fastest-growing communities, this is a "land bank" opportunity that pays for itself. Capitalize on the downtown core's intensification policies and shape the future of Broadway. (id:65958)
- Subtype
- Vacant Land
- Community
- Tillsonburg
- Living area
- 1
- Lot size
- 0.69 acres
- Lot dimensions
- 0.689
- On market
- Apr 24, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $7,877.88
- Zoning
- R1
- Photos
- 12
- MLS#
- X13039922
- Area
- TILLSONBURG
Cash on cash
-6.28%
Cap rate
3.61%
GRM
16.7
Break-even rent
$13,731
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.