128 TALBOT STREET E
Aylmer, Ontario
MLS® X14087934
$1,299,888
- Status
- Active
- Property type
- Retail
- MLS® number
- X14087934
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
Listing description
Exceptional investment opportunity in the heart of Aylmer! This freestanding, mixed-use commercial/residential building, zoned C1, offers approximately 10,000 sq. ft.
of versatile space with tremendous income potential. The ground floor is 50% occupied by a Ukrainian restaurant, currently in the second year of a five-year lease, generating $4,000 in monthly rental income. The remaining 50% has been gutted and offers an opportunity for customization, with plans previously envisioned for a coin-operated laundromat and ample electrical capacity already in place.
The second floor features 18 self-contained bachelor units, with vacant possession to be provided to the new owner on completion date. Additional highlights include ample side parking and street parking, newer flat and sloped roofing, a newer furnace, and updated plumbing with PVC piping. An outstanding opportunity for investors, developers and entrepreneurs seeking a property with multiple income streams and exciting potential to add value.
Explore the possibilities this unique property has to offer!
Property summary
- MLS® number
- X14087934
- Property type
- Retail
- Size
- 10,000 sq ft
- Land size
- 94.62 x 132 FT
- Annual property taxes
- $14,615.00
- Parking
- 10 spaces
- Days on market
- 23 days
Features & details
- Heating
- Forced air, Natural gas, Coil Fan
- Cooling
- Partially air conditioned
What would this home cost you?
Based on the $1,299,888 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CENTURY 21 LEGACY LTD., Mississauga.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.