32 Clearview Drive W, Tillsonburg, ON N4G 4G8
Tillsonburg, ON N4G 4G8
Quick cost estimateKnown monthly subtotal$13,598.09 / monthLand transfer tax $43,475One-time estimate
Quick cost estimate
$13,598.09 / monthKnown monthly subtotal
- Mortgage principal & interest
- $10,934.17
- Property tax / month
- $2,663.92
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $43,475
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $43,475
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
Excellent opportunity to own approximately 11,000 sq. ft. of industrial property with 5+ years of operation. Zoning allows for cannabis cultivation. 400 amps, 600 volts (3-Phase) electrical service. Building Size: Approximately 11,000 sq. ft.Year Built: 2021Zoning: MG - IndustrialLand Size: 0.71 acresLocation: Industrial/commercial area just off Highway 3Electrical Service: 400 Amps, 600 Volts, 3-PhaseWater Supply: Municipal water with a 1-inch service lineSewer: Connected to municipal sewer systemNatural Gas: Large natural gas service lineBuilding DimensionsMain building: 60 ft. 156 ft.Additional attached section: 35 ft. 26 ft. 14 ft.Major Renovations and Improvements: The property has undergone approximately $500,000 in renovations and improvements. At the time of purchase, the three HVAC units, each rated at 25 tons, had been removed. The seller subsequently reinstalled all three units, providing a total HVAC capacity of 75 tons. Existing Tenant and Investment PotentialMonthly Rental Income: $13,550Annual Rental Income: $162,600Remaining Lease Term: Approximately 2 yearsAsking Price: $2,350,000Approximate Gross Rental Yield: 6.92% annuallyBased on the current rental income, the property offers an approximately 7% gross annual rental yield before expenses. Vendor Take-Back (VTB) Financing: The seller is willing to provide 50% vendor take-back financing in first position, subject to mutually acceptable terms and due diligence. This financing opportunity may allow a qualified purchaser to acquire the property with reduced upfront capital requirements. A compelling opportunity for investors and owner-users seeking a modern industrial property with existing rental income, substantial improvements, and potential vendor financing.
Home details
- Days on market
- Not reported
- Property type
- Industrial
- MLS® number
- X14085316
- Source status
- New
- Bathrooms
- 1
- Postal code
- N4G 4G8
- Building area (total)
- 11,000 sq ft
- Lot depth
- 427.48 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- Not reported
- Occupancy
- Tenant
- Possession type
- Flexible
- Garage
- Outside/Surface
- Annual property tax
- 31967
- Heating system
- Gas Forced Air Open
- Cooling
- Yes
- Utility services
- Yes
- MLS entry age (not confirmed DOM)
- 21 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Reported utility services
- Yes
- Heating system
- Gas Forced Air Open
- Cooling
- Yes
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
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Room-count details have not been supplied for this listing.
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Listing dates & price record
- Asking amount
- $2,350,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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- Region / county
- OXFORD
- Municipality
- TILLSONBURG
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Around this property
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Nearby shops & amenities
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Similar homes for sale in Tillsonburg
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Home and neighbourhood overview
32 Clearview Drive W, Tillsonburg, ON N4G 4G8, Tillsonburg is listed for sale as a Industrial. The listing reports 1 bathrooms. Asking price: $2,350,000. Occupancy is reported as Tenant. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X14085316.
Local context
Explore the area: Oxford · Tillsonburg.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: CENTURY 21 MILLER REAL ESTATE LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14085316. Information deemed reliable but not guaranteed.