$1,650,000
$1,750,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
8 Baths
SOLD DATE : 08/15/2025
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Aylmer
MLS Listing ID X11929994
Sold Date 08/15/25
Style Bungalow-Raised
Bedrooms 16
Annual Tax Amount $12,876
Tax Year 2024
Property Sub-Type Multiplex
Property Description
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 Pictures from when a unit was vacant
Location
Province ON
County Elgin
Community Aylmer
Area Elgin
Zoning RM2
Rooms
Family Room No
Basement Finished
Kitchen 8
Separate Den/Office 8
Interior
Interior Features Separate Hydro Meter
Cooling Window Unit(s)
Exterior
Parking Features Reserved/Assigned
Pool None
Roof Type Asphalt Shingle
Lot Frontage 115.0
Lot Depth 132.0
Total Parking Spaces 12
Building
Foundation Concrete Block, Poured Concrete
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