62 ELK STREET , Aylmer

$529,900 / MLS® Listing #:248829

  • Listing 248829 - Thumbmnail Photo # 1
  • Listing 248829 - Thumbmnail Photo # 2
  • Listing 248829 - Thumbmnail Photo # 3
  • Listing 248829 - Thumbmnail Photo # 4
  • Listing 248829 - Thumbmnail Photo # 5
  • Listing 248829 - Thumbmnail Photo # 6
  • Listing 248829 - Thumbmnail Photo # 7
  • Listing 248829 - Thumbmnail Photo # 8
  • Listing 248829 - Thumbmnail Photo # 9
  • Listing 248829 - Thumbmnail Photo # 10
  • Listing 248829 - Thumbmnail Photo # 11
  • Listing 248829 - Thumbmnail Photo # 12
  • Listing 248829 - Thumbmnail Photo # 13
  • Listing 248829 - Thumbmnail Photo # 14
  • Property Info
  • WalkScore
  • Mortgage Info
  • Share

5 Unit money making rental property with outstanding potential for increased rents & profitability/return. 4 one bedrooms rented at $509 monthly, one two bedroom rented at $850 monthly. 6 separate meters with all apartment tenants paying all personal heat (electric baseboard) & electricity. Garage/shop rented at $400 monthly. All tenants month to month. Well maintained building with metal roofing (approximately 7 years old) on close to 100% of main building & garage (very small amount of traditional shingling on garage & small addition at rear of main building). Laundry generates an additional $960 (approximately) of income annually. Priced to sell with cap rate of 5.6% & plenty of room to raise rents/income. Hydro # in expenses is electricity (common area-6th meter) + water expense for entire building and Heat # is for gas consumed by hot water heater & hot water heat in common areas. Hot Water Heater is owned. (id:10452)

Property Details

Property Type Multi-Family
Architectural Style Multi-Unit
Square Feet
Maintenance N/A
Days On Our Website 19
Basement - Partial
Lot Dimensions under 1/2 acre
Pool N/A
Area Aylmer
Air Conditioning None
Heating Natural gas - Baseboard heaters, Hot water radiator heat
Exterior Aluminum siding
Parking Spaces 11
Parking Type Detached garage
Sewers Municipal sewage system
Water Municipal water


Mortgage payment calculator

Land transfer tax calculator

CMHC insurance calculator

Mortgage calculator by ratehub.ca

Terms Of Use Agreement

Terms of Use
This website is operated by Darlene Hulst & Mark Hulst, a salesperson who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Darlene Hulst & Mark Hulst, and CREA.

The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Darlene Hulst & Mark Hulst may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Do you agree to these terms and conditions?