
$2,299,000
Tillsonburg · Tillsonburg
$1,599,000
Added 1 day ago
Property type
Investment
Lot
180 × 321 Feet
Taxes
$5,132 /yr
MLS®
X14155934
Listed by
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Not intended to solicit buyers or sellers currently under contract. All MLS® data is deemed reliable but not guaranteed.
SKYBOUND REALTY
Source
TRREB
Days on market
1
Added
Nov 6, 2026
Tenanted Industrial Investment Property Generating $102,000 In Annual NET Operating Income Under a Triple-Net Lease For An Approx. 6.5% CAP Rate. The Health Canada Licensed Cannabis-Sector Tenant Operates Multiple Locations And Has Approximately Three Years Remaining On The Current Lease Term, With Scheduled Annual Rent Increases And One 5-Year Renewal Option. Building Totally Renovated In 2022 Including: 400 Amp / 600 Volt Upgraded Service, Fenced/ Gated Perimeter, Multi-Camera Advanced Security System Including Exterior Infrared Camaras, Epoxy Floors And PVC Walls & Ceilings Throughout Main Floor. The Building Offers 3200 Sq. Ft. On The Main Floor Plus An 800 Sq. Ft. Mezzanine With An Office, Security Room, Lunch Room, IT Room, 2nd Washroom And Additional Storage. Fully Serviced 0.54 Acre Reversed Pie-Shaped Lot With A Frontage Of 180 Ft. And Depths Of 321 Ft & 216 Ft. Zoning Permits Up To 70% Lot Coverage, Offering Potential For Building Expansion. Ideal Investment Property For A Passive Investor Looking To Add To Their Portfolio.
31 Clearview Drive, Tillsonburg, ONGet directions
Estimate your monthly payment
Estimated monthly payment
$7,103/mo
Principal + interest
$7,103
Total interest
$851,685
Estimate only. Excludes property taxes, heating and maintenance. Rates and terms subject to lender approval.
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