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335 JOHN STREET S, Aylmer, Ontario, N5H 2B6

MLS® # X13504818
Investment For Sale In Aylmer, Ontario
$19,250,000 QuickQuoteTM: Not Available
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
335 John Street S, Aylmer, ON
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335 JOHN STREET S, Aylmer, Ontario, N5H 2B6
$19,250,000

Property Information:

TURNKEY INVESTMENT OPPORTUNITY! Recently Completed purpose built rental 44-UNIT CONDO DEVELOPMENT Rarely does an asset of this scale and caliber hit the market. Just completed this past spring, this pristine, master-planned multi-family purpose built rental development offers an incredible opportunity for investors seeking strong cash flow with zero construction risks. The property features a highly versatile, tenant-focused product mix designed to maximize ROI, consisting of 24 traditional townhouses alongside 20 innovative multi-level units featuring distinct upper and lower layouts. The 24 premium townhouses feature a highly desirable 3-bedroom, 2.5-bathroom floor plan complete with private attached garages, commanding $2,395 per month. The 10 upper-level units offer an expansive 2-bedroom plus den, 2-bathroom layout, which also includes private attached garages, renting for $2,095 per month. The 10 lower-level units are beautifully optimized 2-bedroom, 1-bathroom layouts renting at an attractive entry point of $1,695 per month.To ensure maximum profitability and minimal landlord overhead, all tenants pay 100% of their own utilities. Every single one of the 44 units comes fully equipped with a brand-new, modern appliance package, including a refrigerator, stove, dishwasher, over-the-range microwave, and a convenient in-suite washer and dryer. With 34 out of the 44 total units featuring coveted private garage parking, this complex commands top-tier market rents and attracts exceptionally qualified, long-term tenants. Skip the builder delays and material shortages-this asset is brand new and ready to perform. Financial statements, a current rent roll, and site plans are available with a signed NDA. Don't miss out on adding this crown jewel to your portfolio. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 3 ac Square Feet
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 3 Square Feet
  • Irregular: Yes
  • Lot Depth: 437 Feet
  • Lot Frontage: 75 Feet
  • Lot Size: 3.33 Acres
  • Zoning: R
  • Parking Type: Other

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Location of 335 JOHN STREET S, Aylmer, Ontario, N5H 2B6

Demographic Information of 335 JOHN STREET S, Aylmer, Ontario, N5H 2B6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$102,419.31

Average Number of Children

2.00

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

30.12 %

High school certificate or equivalent

29.67 %

Apprenticeship trade certificate/diploma

6.21 %

College/non-university certificate

24.77 %

University Degree

9.22 %

Commuter

Travel To Work

By Car

96.6 %

By Public Transit

0.0 %

By Walking

1.31 %

By Bicycle

0.0 %

By Other Methods

2.09 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.14 %

Houses

93.86 %

Own Vs. Rent