$500,000
$550,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
278 Sydenham ST E Aylmer, ON N5H 1M2
5 Beds
2 Baths
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Ay
MLS Listing ID X9261888
Sold Date 01/27/25
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,350
Tax Year 2023
Property Sub-Type Duplex
Property Description
HOUSE HACKING / DUPLEX / INCOME PROPERTY / RENTAL / AIRBNB - Whatever you want to call it this is one of the most effective ways to build proven wealth and add or build a portfolio of investments. Welcome to this larger than it looks duplex featuring a 4 bedroom, 1 full bath unit with shop & yard (5 if you count the downstairs bedroom being used now) @ $1,600+utilites currently (market rent of $2,500+utilities) and a 1 bedroom, 1 bath currently rented at $900+utilies (market rent of $1,100+utilities). Both units are comfortable and well maintained with hookups for laundry in units, 100 amp service with separate in-unit panels, updated gas furnace and new central air, 2 water meters, 2 hydro meters with a potential 3rd meter on the shop for owner or future accessory dwelling? Please do your own due diligence! Ample sized rooms in the 4 bed with gas fireplace and cozy living room looking out to a splendid yard beside the shop. This is a great opportunity in a LOW VACANCY A GRADE RENTER TOWN and we welcome your offers! 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 Ay
Area Elgin
Zoning R1B
Rooms
Family Room No
Basement Crawl Space
Kitchen 2
Interior
Interior Features Water Heater Owned, In-Law Suite
Cooling Window Unit(s)
Fireplaces Type Natural Gas
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 70.0
Lot Depth 136.29
Total Parking Spaces 5
Building
Foundation Poured Concrete
Others
Security Features None
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