For Sale · Office

22 HARVEY Street, Tillsonburg

22 HARVEY Street, Tillsonburg, ON N4G3J6

$450,000 total

3,190.99 SF

Asset Class

Office

Size

3,190.99 SF

Building class

A

Zoning

CO — Commercial Office

$ / SF

$141

Occupancy

89%

About this property

VACANT & READY FOR YOUR VISION — LIVE, WORK OR INVEST AT 22 HARVEY STREET! A rare opportunity to make this mixed-use property your own in the heart of Downtown Tillsonburg. This substantial three-storey brick building offers over 3,000 sq. ft. of commercial and residential space — now fully vacant and ready for its next chapter. Located directly across from Starbucks with excellent visibility, the property is zoned C-1 Central Commercial, allowing for a wide variety of potential uses including professional office, retail, clinics, personal services, restaurants and mixed residential-commercial uses. With both the commercial and residential spaces vacant, the next owner can take possession and create the setup that works for them from day one with no existing tenancies or leases to assume. Run your business on the main floor and live upstairs, lease one or both spaces for income, or reimagine the property to suit your plans. The main floor offers a professional office layout with central air updated in 2024, an updated washroom and LED lighting. Upstairs, a spacious 3-bedroom, 2-bathroom residential unit spanning two levels provides additional living or income potential. Bring your ideas. Configure and create a space that works for you, whether that's business, residential, investment or a combination of all three. Additional features include a steel tile roof, lawn sprinkler system, 16' x 12' fire vault, classic brick exterior and on-site parking. With 3,000+ sq. ft., full vacant possession, flexible C-1 zoning and a prime downtown location, 22 Harvey offers space, flexibility and the freedom to make it your own. Floor plan and zoning information available. Book your private showing and explore the possibilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$450K
Down payment30% · $135K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$27K

Annual cash flow

$2K

Cash-on-cash

1.74%

DSCR

1.09

Going-in cap

6.06%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners1,918 SF2028-09
Halcyon Wealth Partners616 SF2028-09
Halcyon Wealth Partners400 SF2028-09

Area demographics

Trade area within 3 miles of the property.

Population

103,069

Households

48,472

Median income

$81,500

Median age

41.9

Daytime population

143,300

5-yr growth

8.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 22 HARVEY Street, Tillsonburg.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.