68 Forest Street, Aylmer, Ontario N5H 1A7

Listed for:
$1,299,000
12 beds
6 baths
Listed 17 days ago
Other for rent: 68 Forest Street, Aylmer, Ontario N5H 1A7

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About

Forest and John Street N 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:27476)

Property Highlights

MLS® Number
X12740626
Type
Multi-family
Community Name
Aylmer
Land Size
132.2 x 87.2 FT
Parking Space Total
8

Building

Building Type
Other
Square Footage
3500 - 5000 sqft
Bathrooms Total
6
Bedrooms Above Ground
12
Bedrooms Total
12
Exterior Finish
Brick
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Location

Learn more about this property
Listing provided by:
PRIME REAL ESTATE BROKERAGE
MLS® number:
X12740626
Agent:
Justin Konikow
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