4 PROSPECT STREET
London and St. Thomas · N4G2L6
$1,750,000
About this residence
Located in the heart of downtown Tillsonburg, this 12 unit purpose built apartment building features 5 two bedroom, 5 one bedroom and 2 bachelor suites. Unique common patio area at the front. Excellent cash flow with minimum vacancy and plenty of upside potential to increase rents. Building has been well cared for by the current owners with thousands invested in capital and cosmetic improvements-new roof (2022), new windows 2012, electrical and plumbing have been upgraded, all units have been updated including kitchen cabinets, bathroom fixtures and flooring ceramic tile hallways, rubber stair treads on 4 staircases in main hallways, concrete walkway in front courtyard, two new front entry precast concrete stairs, new coin operated laundry and two new water heaters in last ten years. Sale also includes a vacant lot at 8 Bidwell at the corner of Prospect Street (.094 A). This is an excellent addition to any investment portfolio. Rent roll including operating costs available to interested parties. Viewings on Wednesdays starting May 13th between 3-5 pm. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Other
- Bedrooms
- 15 (15 above)
- Bathrooms
- 12
- Storeys
- 2
- Lot size
- 95.5 x 67 FT
- Frontage
- 95.6 feet
- Parking
- 12 spaces
- Annual tax
- $20,596
- MLS®
- X13096768
- Board
- London and St. Thomas
- Status
- Active
- Listed
- May 7, 2026
- Updated
- Jun 2, 2026
Features & finishes
Heating
- Natural gas
Basement
- Full
Exterior
- Brick
- Steel
Foundation
- Block
Parking
- No Garage
Sewer & Utilities
- Sanitary sewer
Financing
Estimated monthly payment
$8,184/mo
Loan amount
$1,400,000
Down payment
$350,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
London and St. Thomas
Nearby
About the area
Census · N4G- 21,519
- Population
- 48
- Median age
- $75,000
- Median income
- $500,000
- Median home value
- 72%
- Home ownership
- 22 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 4 PROSPECT STREET?
4 PROSPECT STREET is listed for $1,750,000, in London and St. Thomas.
How many bedrooms and bathrooms does 4 PROSPECT STREET have?
It offers 15 bedrooms and 12 bathrooms.
What type of home is 4 PROSPECT STREET?
4 PROSPECT STREET is a Multi-family, Other set over 2 storeys.
How large is 4 PROSPECT STREET?
The home offers a lot measuring 95.5 x 67 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $8,184. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $20,596 per year.
Is there parking?
Yes — 4 PROSPECT STREET includes 12 parking spaces.
What is the London and St. Thomas area like?
London and St. Thomas has a population of about 21,519, a median age of 48, a 72% home-ownership rate, with an average commute of about 22 minutes.
What is the average home value in London and St. Thomas?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in London and St. Thomas?
The median household income in this area is approximately $75,000.
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