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Beds
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Baths
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Sqft
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Year
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Type
Industrial
On market
28d
Welcome to 40 Queen St N, Tilbury — an exceptional opportunity to own a highly versatile mixed-use commercial/residential property in the vibrant heart of downtown Tilbury. Offering approximately 2,200 sq. ft. of functional space, this property is perfectly suited for investors, entrepreneurs, restaurateurs, or owner-operators looking to capitalize on a rapidly growing community with excellent exposure and unlimited potential. The main level currently operates as a restaurant and comes complete with restaurant equipment, fixtures, and chattels included in the sale, presenting an outstanding turnkey business opportunity for those looking to step in and start operating immediately. Whether you envision continuing the existing concept or bringing your own culinary vision to life, this space offers the flexibility and visibility needed to thrive. Above the commercial space, the property features a spacious and well-laid-out three-bedroom residential apartment offering excellent additional income potential or comfortable owner occupancy. Ideal for live-work convenience, long-term tenancy, or even short-term rental possibilities, the upper unit adds tremendous value and versatility to the investment. Positioned in a prime downtown location with excellent street presence, strong exposure, and consistent foot traffic, this property benefits from Tilbury’s ongoing growth and development while remaining conveniently located just a short drive from Windsor and surrounding communities. With vacant possession available, the new owner will enjoy immediate flexibility for both commercial and residential use. A rare opportunity to secure a mixed-use property with income-generating potential, business flexibility, and future upside all in one. Buyer to verify zoning, permitted uses, and all measurements. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Tilbury. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.