$424,900
87 King Street West Unit 5
Tillsonburg, Ontario
2bed2bath
RE/MAX Tri-County Realty Inc Brokerage
MLS® X13544740
condo in Tillsonburg
Browse 19 active listings
Market Analysis
In Tillsonburg, the condo market attracts a variety of buyers, including first-time homeowners, retirees, and young professionals. This balanced market provides steady options for those looking to downsize or enter the real estate scene without a hefty price tag. The affordability of condos, typically ranging from up to $500,000, appeals to budget-conscious buyers while allowing for a convenient lifestyle. Many residents are drawn to the community atmosphere and the accessibility of amenities like schools and parks, with Mill Pond Park and the Tillsonburg District Memorial Hospital nearby. Young families often consider the highly-rated schools such as Memorial Park Public School and Glendale High School, making condos a viable option for their first home purchase as they seek a supportive environment for their children.
Price Insights
In the current Tillsonburg market, the median condo price stands at $386,500, while the average price is around $352,300. For buyers under $500,000, there are attractive choices that often come with modern features, ample square footage, and access to communal amenities. A two-bedroom unit on a serene street like Hardy Avenue may offer stunning views of the local landscape, while a one-bedroom condo might be available near the vibrant downtown area on Broadway Street, just steps from local shops and cafes. The balance between quality and affordability makes this segment ideal for those who value both comfort and community living.
Available Properties
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About This Property Type
Condos in Tillsonburg vary from modern builds to charming older units, reflecting the town's blend of new and established neighborhoods. Many condos and townhomes are located in well-maintained complexes, offering amenities such as fitness centers, guest suites, and landscaped common areas. Notably, condos along streets like Kinsman Drive often feature open-concept designs and private balconies, perfect for enjoying warm summer evenings. The community-oriented nature of these developments encourages interaction among residents, enhancing the overall living experience. Additionally, many units boast energy-efficient appliances and modern finishes that appeal to eco-conscious buyers.
Location Highlights
Tillsonburg is a vibrant community known for its rich history and ample recreational opportunities. The town is conveniently located along Highway 3, offering easy access to London and Simcoe, making it ideal for commuters. Nearby landmarks like the Tillsonburg Golf Course and the scenic Lake Lisgar provide residents with ample recreational activities. Additionally, the Tillsonburg Community Centre hosts various events and fitness programs, fostering a sense of community. The picturesque downtown area, with its charming boutiques and eateries along the main street, attracts residents and visitors alike, contributing to a welcoming small-town atmosphere.
Investment Advice
Investing in a condo in Tillsonburg represents a promising opportunity for potential homeowners. With a balanced market and access to essential amenities, condos offer a relatively low entry point into real estate. As the population of Tillsonburg continues to grow, demand for affordable housing options is expected to increase, potentially enhancing property values over time. Furthermore, the town's focus on community development and infrastructure improvements indicates a commitment to maintaining a vibrant living environment. Buyers can look forward to a sound investment that not only meets immediate housing needs but also serves as a long-term asset.
Buying Tips
For prospective buyers in Tillsonburg, it's essential to conduct thorough research on the various neighborhoods and available amenities. Consider visiting areas like the popular Northside neighborhood, known for its family-friendly parks and close-knit community feel. When searching for condos, be mindful of factors such as maintenance fees, included utilities, and the overall condition of the building. Engaging a local real estate agent with experience in the Tillsonburg market can provide invaluable insights and help you navigate the process effectively. Lastly, don't hesitate to visit multiple properties to compare features and pricing before making a commitment.
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Frequently Asked Questions About Tillsonburg
How many condos are for sale in Tillsonburg?
There are currently 19 condos listed for sale in Tillsonburg on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are condo listings updated in Tillsonburg?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
What bedroom sizes are available for condos in Tillsonburg?
Condos in Tillsonburg are available in 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom configurations. Use the sidebar links to browse by bedroom count.