104 SOUTH Street
Aylmer, Ontario
- 8 bed
- 4 bath
- Multi-family
This property at 104 South Street, Aylmer offers a compelling multi-unit investment opportunity with flexible use options. Live in one unit and rent out the remaining units, or lease all units to maximize income potential. The layout and location support strong rental appeal, making this an excellent option for owner-occupiers, first-time investors, or experienced landlords. Located less than 20 minutes from St. Thomas, the property benefits from strong regional growth driven by major industrial and clean-technology investment, supporting increased employment and long-term housing demand in surrounding communities. This proximity enhances tenant demand while offering a more affordable entry point compared to larger urban centres. With its income potential, strategic location, and exposure to regional economic expansion, this property presents an attractive opportunity for investors seeking both stable cash flow and long-term appreciation. 104 South Street East provides two side by side duplex units, allowing for 4 separate living spaces.
Price History
Schools
Elementary
- McGregor Public School0.6 km
Public · Thames Valley DSB · 265 students
Grade 3 reading: 54% met the provincial standard
- Assumption Separate School0.6 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
- Davenport Public School1.3 km
Public · Thames Valley DSB · 275 students
Grade 6 math: 45% met the provincial standard
Secondary
- East Elgin Secondary School1.3 km
Public · Thames Valley DSB · 985 students
Grade 10 literacy: 74% 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
- $515,000
- Homes sold
- 131
- Median days on market
- 34
- Sale-to-list price
- 97.3%
Based on 131 recorded sales of multi-family properties in Aylmer over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$280,000
Estimated Monthly Payment
$6,878
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,878/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $350/mo
Estimates only. Consult a financial advisor.
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