335 John St S - Apartments FOR SALE


Aylmer, ON N5H 2B6
$19,250,000 CAD
519-842-8418

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$19,250,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

335 John St S
Aylmer, ON N5H 2B6


HIGHLIGHTS

  • Situated on approximately 3.33 acres with municipal water service in the Town of Aylmer, Ontario.
  • Located along John Street South with access to local amenities.
  • Diverse unit mix is designed to appeal to a broad tenant base and support long-term occupancy.
  • Recently completed purpose-built rental community featuring a 44-unit condominium development.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$19,250,000 CAD

PRICE/SF

$207 CAD /SF

# OF UNITS

44

PRICE/UNIT

$437,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.33 AC

LAND SF

145,055 SF

ZONING

-

APN/PARCEL ID

341101000004134

ASK ABOUT THIS PROPERTY

Dane WillsonRoyal LePage R.E.Wood RealtyMore Info
519-842-8418

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Dane WillsonRoyal LePage R.E.Wood RealtyMore Info
519-842-8418

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.