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170 NORTHUMBERLAND Street

170 NORTHUMBERLAND Street

Ayr, Ontario

Multi-family

$23,000,000

170–180 Northumberland Street consists of two four-storey, purpose-built apartment buildings constructed in 2020, comprising a total of 62 suites across approximately 52,000 SF. The portfolio features a mix of one- and two-bedroom units with in-suite laundry, modern finishes, and on-site surface parking. The offering includes an assumable CMHC-insured first mortgage with CMLS Financial of approximately $19.5 million at a 2.85% interest rate, representing up to 85% loan-to-purchase.

Price History

Property

Lot Size
1.4 acres

Schools

Elementary

  • St Brigid Catholic Elementary School0.2 km

    Catholic · Waterloo CDSB · 355 students

    Grade 3 reading: 84% met the provincial standard · Grade 6 math: 67% met the provincial standard

  • Ayr Public School0.7 km

    Public · Waterloo Region DSB · 205 students

    Grade 3 reading: 62% met the provincial standard · Grade 6 math: 20% met the provincial standard

  • Cedar Creek Public School1.6 km

    Public · Waterloo Region DSB · 565 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 46% 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 N0B

Population
86,919
Private dwellings
31,269
Median age
42.8
Average household size
2.9
Median household income
$120,000

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 Ayr · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of multi-family properties in Ayr over the last 12 months.

Location

Mortgage Calculator

$4,600,000

Estimated Monthly Payment

$112,992

Investment Analysis

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

Mortgage: $112,992/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $5,750/mo

Estimates only. Consult a financial advisor.

R

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