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$ 625,000
Est. payment /mo
New
17 Oak ST Aylmer, ON N5H 1G3
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Aylmer
MLS Listing ID X12110846
Style 2-Storey
Bedrooms 4
Building Age 100+
Annual Tax Amount $3,140
Tax Year 2024
Property Sub-Type Duplex
Property Description
Cash-flow from day one with this fully turn-key duplex in a quiet, high-demand rental town, offering stable returns and long-term upside. The upper unit features two bedrooms plus a bonus room often used as an office or master (non-conforming), currently rented to excellent tenants for $1,400/month heat included --- well below the current market rate of $1,600+. The lower 2-bedroom unit is vacant and ready to rent for $1,600+ or convert to a high-income Airbnb. Both units have private entrances, in-unit laundry, and smart, functional layouts that appeal to quality tenants and short-term guests alike. Furniture and beds can be included in the sale, making this an easy turnkey setup for investors looking to capitalize on Airbnb demand. Located in a peaceful, desirable town with an A-grade tenant pool, this low-maintenance property is an excellent addition to any portfolio. Room for an accessory dwelling unit and prints can be included but you must do your own due diligence with the township to add even more value to the oversized quiet inside corner lot. Aylmer, in the center of the country, beaches, towns and cities - 20 mins to 401 / Tillsonburg / Port Stanley / Burwell Beaches, 30 mins to London, 15 mins to St Thomas & 10 mins to Port Bruce Beach.
Location
Province ON
County Elgin
Community Aylmer
Area Elgin
Zoning R2
Rooms
Family Room Yes
Basement Partial Basement, Unfinished
Kitchen 2
Interior
Interior Features None
Cooling Central Air
Exterior
Parking Features Private Double
Pool None
Roof Type Metal
Lot Frontage 66.0
Lot Depth 132.0
Total Parking Spaces 6
Building
Foundation Brick
Others
Senior Community No
Virtual Tour https://unbranded.youriguide.com/17_oak_st_aylmer_on/
Listed by JANZEN-TENK REALTY INC.
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