48 Allen Street, Tillsonburg

$649,900
48 Allen Street

$649,900

New
24d
DetachedBungalow-Raised

48 Allen Street, Tillsonburg

Total Monthly Obligation $3,343

Beds
4
Baths
2
Park
6
Sqft
1100-1500
DOM
24d
Score
18
Yield
4.6%
Cash on Cash
-4.8%
Cap Rate
3.5%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Detached
MLS® Number-X13841474
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-82.26 × 117.75 ft
Listed on site-Sep 29, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$4,152 (2026)
Parking-7 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Royal Lepage R.E. Wood Realty Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Tillsonburg
Title-Residential Freehold

No agent assigned

Located in one of Tillsonburg's most sought after subdivisions! Backing onto the green grasses of Tillsonburg's Glendale Park, 48 Allen St presents all the features you will want in your next home! Situated on a pie shape lot allowing for a large front circular driveway, ideal if you have multiple vehicles or a camper. An attached garage with access to the main home and walkout to the backyard is convenient for anyone. The well-lit entrance brings you into the heart of the home with steps into the main living space. A spacious living room with large windows overlooking your front yard is a great space to relax in the evenings, and gather with friends and family on weekends. The kitchen features ample cupboard space and flows into the spacious dining room which also boasts lots of natural light. The back of the home features three bedrooms and the 4-pc family bathroom. In the finished basement you will find a spacious rec room perfect for quiet nights in, an oversized laundry room doubling as a great storage space as well. Another bedroom and 3-pc bathroom, with jacuzzi tub, complete this basement. Other home features include central vac, furnace & AC (2017), roof (2014), garage door (2018) and is a smoke and pet free home. Outdoors you will find a spacious deck for summer BBQ's, lots of mature trees giving you the privacy you desire, a firepit, tree swing, sandbox and Amish built storage shed. Backing onto the park, this backyard is perfect for your family's needs. This home is situated in a quiet, and safe neighbourhood, within walking distance to Glendale High School as well as on the route of Tillsonburg's T:GO Transit Service. Don't wait to see this home!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,343/mo
Mortgage $2,622
Monthly Loss $2,653
Principal$690
Interest$1,932
Property Tax$346
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.1%23
10-Year IRR
9.1%
Returns Index
13.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,604/yr
NOI
$17,992/yr
Net Cash Flow
-$1,122/mo
Cash Margin
-45.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 48 Allen Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.