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House And Accessory Dwelling Permits Issued!

Not on MLS®

$560,000

For Sale: in

House and Accessory Dwelling Permits issued!

John Arends

Principal

Listing Details

Co-op commission: 2%

Year built: 1904

Year renovated: 2020

Units: 2

Zoning: R2

Parking spaces: 3

Floors: 2

Lot Size: 11,000 Sq Ft

Description

FSBO: Great opportunity to create equity and get great rent. This property has an existing house and permits for an accessory dwelling (2nd home). This permit is for converting an existing large garage into a 2 bed 1 bath home. It should be an easy renovation. Unit A) 3 bedroom, 2 bath house. All new windows, steel roof, updated baths, A/C 2 years old, refinished hardwoods etc. Should rent for $1750+ per month. Unit B) Permit already issued from the Town of Aylmer for garage conversion to 2 bedroom 1 bath house with private rear yard. Has new steel roof. Should rent for $1750+ per month when finished. The lot that these 2 units are on is 50' x 220' and in a great residential area on the south side of Aylmer ON. Rent should be $3500/month or more with both units finished! $560,000 as is. Serious enquiries only. Huge upside potential! ARV of $700,000. Moving out of province is reason for selling.

Location & nearby

This listing is located in Aylmer, ON N5H 2E2

274 John Street South, Aylmer, ON, Canada

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John Arends

Principal

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