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Investment signal

$2,250,000

267-273 BROADWAY

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Beds

Baths

Sqft

Year

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
Negative cash flow ~$2,357/mo at these assumptions

Cash on cash

-6.28%

Cap rate

3.61%

GRM

16.7

Break-even rent

$13,731

Financing

Down payment$450,000
Loan amount$1,800,000
Mortgage$9,120/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,031
Insurance$80
Maintenance$1,875
CapEx reserve$938
Vacancy loss$563

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

Estimated $9,120/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

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.

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