68 FOREST STREET, Aylmer, Ontario, N5H1A7

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:64974)

Quick Facts

• Property Type: Multi-Family
• Bedrooms: None
• Bathrooms: 6
• Living Area: 3,584 sq ft (333.0 m²)
• Attached: Yes
• Parking: 8 spaces
• Frontage: 132 ft (40.3 m)

Costs

• Annual Taxes: $8,211.00

Listing Provided by: PRIME REAL ESTATE BROKERAGE
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.