20
See all 20 photos
$1,299,000
Est. payment /mo
12 Beds
6 Baths
3,500 SqFt
Active
68 FOREST STREET Aylmer, ON N5H1A7
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500 - 5000
Square Footage 3,500 sqft
Price per Sqft $371
Subdivision Aylmer
MLS® Listing ID X12740626
Bedrooms 12
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Extra Room 1 Main level 1.5 m X 2.27 m Bathroom
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Sewer Sanitary sewer
Others
Virtual Tour https://youtu.be/yUpnHN0sU7Q
Listed by PRIME REAL ESTATE BROKERAGE
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Ganesha Dharaneeswaran
Realtor | License ID: 6000144