106 Forest St - Apartments FOR SALE


Aylmer, ON N5H 1A7
$1,750,000 CAD
519-851-9090
106 Forest St, Aylmer, ON for Sale
$1,750,000 CAD
Apartments - FOR SALE
1/5
null | 5.69% Cap Rate

106 Forest St
Aylmer, ON N5H 1A7


HIGHLIGHTS

  • 8 Plex Multifamily Building Located in the Heart of Aylmer

OVERVIEW

Purpose built 8-plex, first time on the market this property has been exceptionally well maintained. Ideal location close to walking path and parks, Tim Hortons and easy access to downtown or out of town. 8 - 2 bed/1 bath units. Common coin-operated laundry on each floor. Windows replaced in past 6-8 years. Many long term tenants. Window a/c for 7 units owned by landlord. Income $111,152 est for 2025, ins est $4500, utilities for common area and laundry $2940, lawn/snow maintenance $2122, cleaning $2010, 2024 taxes $12876.

FOR SALE DETAILS

PRICE

$1,750,000 CAD

PRICE/SF

$347 CAD /SF

# OF UNITS

80

PRICE/UNIT

$21,875

CAP RATE

5.69%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

RM2

APN/PARCEL ID

341103000031402

ASK ABOUT THIS PROPERTY

Jeff WiebengaShowcase East Elgin RealtyMore Info
519-851-9090

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Jeff WiebengaShowcase East Elgin RealtyMore Info
519-851-9090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.