68 Forest Street, Aylmer, Ontario N5H 1A7 (29303825)


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68 Forest Street Aylmer, Ontario N5H 1A7

6 Bathroom 3584 sqft
None Baseboard Heaters

$1,299,000

Stop looking at 2026 and start looking at 2035. If you missed the boom in the GTA or the early days of Kitchener-Waterloo, this is your reset button. Located 15 minutes from the VolkswagenPowerCo Gigafactory, Canada's largest industrial project currently scaling for 2027 production,68 Forest St is positioned in the primary "bedroom community" for 3,000+ incoming direct high-skilled jobs. This is more than a building; it is a strategic land-grab in Ontario's new industrial heartland. This well-maintained six-plex presents an excellent investment opportunity for investors. The property features a strong financial profile supported by an exceptionally efficient expense ratio due to tenant-paid hydro and water. Recent capital improvements have modernized the property and reduced near-term maintenance needs, offering a turn-key solution. With updated units, proven rent growth, and mechanical upgrades in place, this asset delivers both immediate cash flow and future upside potential. This property stands out as a well-positioned opportunity for buyers seeking a stable, income-generating multi-family investment. (id:60297)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X12740622
Property Type Multi-family
Community Name Aylmer
ParkingSpaceTotal 8

Building

BathroomTotal 6
Age 31 To 50 Years
Appliances Water Heater
CoolingType None
HeatingType Baseboard Heaters
SizeExterior 3584 Sqft
SizeInterior 3584 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 87 Ft ,2 In
SizeFrontage 132 Ft ,1 In
SizeIrregular Bldg=132.16 X 87.22 Ft
SizeTotalText Bldg=132.16 X 87.22 Ft
ZoningDescription Rm2

https://www.realtor.ca/real-estate/29303825/68-forest-street-aylmer-aylmer

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Justin Konikow
Salesperson


Prime Real Estate Brokerage

Betty Fordyce
Salesperson


Prime Real Estate Brokerage

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