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1 Bath Commercial Property in Tillsonburg
About 32 Clearview Drive West
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.
Tillsonburg industrial priced at $2,350,000 — book a tour to see if it fits your search.
Inside 32 Clearview Dr W
Every detail from the listing, in one place.
Type
Industrial
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Industrial
32 Clearview Dr W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14085316$2,350,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 32 Clearview Dr W Compares to the Tillsonburg Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 32 Clearview Dr W
Homes for sale in Tillsonburg
Every active Tillsonburg MLS® listing, updated all day.
Average days on market61Homes sold in about 61 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings162Homes for sale here right now.
Median vs prior 90 days−7.1%Compared with Apr 19 – Jul 18, 2026: prices down.
Based on 130 sales from Jul 18 – Oct 16, 2026 (85 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 32 Clearview Dr W
How much is 32 Clearview Dr W listed for?
32 Clearview Dr W is listed at $2,350,000 (MLS® X14085316). Summitly updates the price as soon as the MLS® record changes.
Has the price of 32 Clearview Dr W changed?
No — 32 Clearview Dr W is still listed at its original asking price of $2,350,000.
How many bedrooms and bathrooms does 32 Clearview Dr W have?
32 Clearview Dr W has 1 bathroom. It is a commercial property in Tillsonburg.
How does 32 Clearview Dr W compare with other homes in Tillsonburg?
Its asking price of $2,350,000 is about 348% above the median sold price in Tillsonburg over the last 90 days, $525,000, across 130 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 32 Clearview Dr W been sold before?
Summitly has no earlier MLS® sale or lease of 32 Clearview Dr W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 32 Clearview Dr W?
32 Clearview Dr W is in Tillsonburg, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 32 Clearview Dr W been on the market?
32 Clearview Dr W was listed today (October 16, 2026).
What is the land transfer tax on 32 Clearview Dr W?
About $45,225 in Ontario land transfer tax at the asking price of $2,350,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 32 Clearview Dr W or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 32 Clearview Dr W?
The listing for 32 Clearview Dr W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Tillsonburg.
When was 32 Clearview Dr W built?
The listing for 32 Clearview Dr W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
