Property Information:

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. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Type: None
Exterior Finish: Brick
Floor Space: 3500 - 5000 sqft
Foundation Type: Concrete
Heating Type: Baseboard heaters
Heating Fuel: Electric
Appliances: Stove, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 12
Bathrooms: 6
Floor Space (approx): 3500 - 5000 Square Feet
Irregular: Yes
Lot Depth: 87.2 Feet
Lot Frontage: 132.2 Feet
Lot Size: 132.2 x 87.2 FT
Utility Type: Hydro - Installed
Zoning: RM2
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 8

Rooms:

Bathroom Main Level 1.50 m x 2.27 m

Convert Measurement to:

Courtesy of: PRIME REAL ESTATE BROKERAGE

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Demographic Information of 68 FOREST STREET, Aylmer, Ontario, N5H 1A7

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,098.50

Average Number of Children

1.99

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

42.91 %

High school certificate or equivalent

28.9 %

Apprenticeship trade certificate/diploma

1.59 %

College/non-university certificate

21.23 %

University certificate (below bachelor)

0.33 %

University Degree

5.04 %

Commuter

Travel To Work

By Car

89.21 %

By Public Transit

0.0 %

By Walking

6.04 %

By Bicycle

0.0 %

By Other Methods

4.75 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.58 %

Houses

61.42 %

68 FOREST STREET, Aylmer, Ontario, N5H 1A7