68 Forest ST, Aylmer, ON N5H 1A7
68 Forest ST, Aylmer, ON N5H 1A7
68 Forest ST, Aylmer, ON N5H 1A7
68 Forest ST, Aylmer, ON N5H 1A7
68 Forest ST, Aylmer, ON N5H 1A7
68 Forest ST, Aylmer, ON N5H 1A7
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Wilson Hon

Wilson Hon

+1(416) 889-0886
$ 1,299,000
Est. payment | /mo

12 Beds

6 Baths

Save
$ 1,299,000
Est. payment | /mo
Save

12 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Aylmer

MLS Listing ID X12740626

Style Other

Bedrooms 12

Annual Tax Amount $8,211

Tax Year 2025

Property Sub-Type Multiplex

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.

Location

Province ON

County Elgin

Area Elgin

Zoning RM2

Rooms

Family Room No

Basement None

Kitchen 6

Interior

Interior Features Water Heater Owned

Cooling Other

Inclusions fridge x5, stove x5, hot water tanks owned

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 132.16

Lot Depth 87.22

Total Parking Spaces 8

Building

Building Age 31-50

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by PRIME REAL ESTATE BROKERAGE

Nearby Locations

Wilson Hon

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 889-0886

wilson.hon@exprealty.com

50 Leek Cres, Richmond Hill, ON, L4B 4J3, CAN

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68 Forest ST