Brokered by: Royal Lepage R.E. Wood Realty Brokerage
MLS®: X13504818 ()
Price: $19,250,000.00
Address: 335 JOHN STREET S, Aylmer FOR SALE Postal Code: N5H2B6 Style: Type: Multi-family Multi-Family Bedrooms: 0 Bathrooms: 0 Parking: Other Garage: Other Lot Size (Approximate): 75 ft x 437 ft Property Size (Approximate): 3.33
About 335 John Street S
TURNKEY INVESTMENT OPPORTUNITY! Recently Completed purpose built rental 44-UNIT CONDO DEVELOPMENT Rarely does an asset of this scale and caliber hit the market. Just completed this past spring, this pristine, master-planned multi-family purpose built rental development offers an incredible opportunity for investors seeking strong cash flow with zero construction risks. The property features a highly versatile, tenant-focused product mix designed to maximize ROI, consisting of 24 traditional townhouses alongside 20 innovative multi-level units featuring distinct upper and lower layouts. The 24 premium townhouses feature a highly desirable 3-bedroom, 2.5-bathroom floor plan complete with private attached garages, commanding $2,395 per month. The 10 upper-level units offer an expansive 2-bedroom plus den, 2-bathroom layout, which also includes private attached garages, renting for $2,095 per month. The 10 lower-level units are beautifully optimized 2-bedroom, 1-bathroom layouts renting at an attractive entry point of $1,695 per month.To ensure maximum profitability and minimal landlord overhead, all tenants pay 100% of their own utilities. Every single one of the 44 units comes fully equipped with a brand-new, modern appliance package, including a refrigerator, stove, dishwasher, over-the-range microwave, and a convenient in-suite washer and dryer. With 34 out of the 44 total units featuring coveted private garage parking, this complex commands top-tier market rents and attracts exceptionally qualified, long-term tenants. Skip the builder delays and material shortages-this asset is brand new and ready to perform. Financial statements, a current rent roll, and site plans are available with a signed NDA. Don t miss out on adding this crown jewel to your portfolio. Contact us today for a complete financial package and to schedule a private tour! (id:56071). Get more information on 335 John Street S
Property Features
Rental Equipment: Directions: Cross Streets: John Street South and Fath Ave. ** Directions: South on John Street. Zoning Description: R Interior Size (Approximate): 3 ac Lot (Approximate): 3.33 ac 3.33 Water: Municipal water, Heating / Cooling: Natural gas / Fully air conditioned Age (Approximate): Basement:
Rooms & Sizes
(Approximate)
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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