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42 PARKVIEW Heights

42 PARKVIEW Heights

Aylmer, Ontario

Multi-family

$2,249,000

Welcome to 42 Parkview Heights in Aylmer! A terrific opportunity to add a Pristine investment property to your portfolio! Extremely well maintained purpose built 12 unit apartment building in a very desirable location! 7 one bedroom apartments and 5 two bedroom apartments. Each unit is currently rented, many of the tenants are long term. The Property generates $180,576 in rent each year. 15 Parking spots + 2 visitor spots. There is a detached garage on the property as well. Recent improvements include new boiler heating system and hot water, Newer metal roof, newer windows and doors, and new balconies. New rear door system. New kitchen installed in unit #9. 10/12 units have new tubs and surrounds. Conveniently located close to the park and just a 8 minute walk to downtown Aylmer. Shared coin operated washer and dryer. Please allow 24 hours notice for all showings. Buyer to pay all applicable HST. Income and expense statement available upon request. Please note, tenants who install a portable air conditioner are charged $250 for the summer. Buyer to assume all tenants. A true pleasure to show, reach out today to view!!

Price History

Schools

Secondary

  • East Elgin Secondary School0.6 km

    Public · Thames Valley DSB · 985 students

    Grade 10 literacy: 74% met the provincial standard

Elementary

  • Assumption Separate School0.8 km

    Catholic · London District Catholic School Board · 195 students

    Grade 3 reading: 86% met the provincial standard · Grade 6 math: 56% met the provincial standard

  • McGregor Public School0.9 km

    Public · Thames Valley DSB · 265 students

    Grade 3 reading: 54% met the provincial standard

  • Davenport Public School1 km

    Public · Thames Valley DSB · 275 students

    Grade 6 math: 45% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N5H

Population
15,625
Private dwellings
5,763
Median age
37.6
Average household size
2.8
Median household income
$83,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Multi-family in Aylmer · last 12 months

Median sold price
$513,500
Homes sold
132
Median days on market
33
Sale-to-list price
97.3%

Based on 132 recorded sales of multi-family properties in Aylmer over the last 12 months.

Location

Street View

Mortgage Calculator

$449,800

Estimated Monthly Payment

$11,049

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $11,049/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $562/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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