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128 Talbot Street

128 Talbot Street

Aylmer, ON

  • 10,000 sqft
  • Commercial Retail
$1,299,888

Exceptional investment opportunity in the heart of Aylmer! This freestanding, mixed-use commercial/residential building, zoned C1, offers approximately 10,000 sq. ft. of versatile space with tremendous income potential. The ground floor is 50% occupied by a Ukrainian restaurant, currently in the second year of a five-year lease, generating $4,000 in monthly rental income. The remaining 50% has been gutted and offers an opportunity for customization, with plans previously envisioned for a coin-operated laundromat and ample electrical capacity already in place. The second floor features 18 self-contained bachelor units, with vacant possession to be provided to the new owner on completion date. Additional highlights include ample side parking and street parking, newer flat and sloped roofing, a newer furnace, and updated plumbing with PVC piping. An outstanding opportunity for investors, developers and entrepreneurs seeking a property with multiple income streams and exciting potential to add value. Explore the possibilities this unique property has to offer!

Listing Details

Taxes (2026)
$14,615
Listed
October 16, 2026

Price History

Property

Lot Size
94.62 x 132 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Talbot St E and John St N
Zoning
C1
Parcel Number
353050030
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Other

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

Commercial in Aylmer · last 12 months

Median sold price
$515,000
Homes sold
121
Median days on market
43
Sale-to-list price
96.8%

Based on 121 recorded sales of commercial properties in Aylmer over the last 12 months.

Listed by

CENTURY 21 LEGACY LTD.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
10,000 sq ft
Price per sq ft
$129.99
Annual property tax
$14,615
Tax per sq ft
$1.46

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions The ground floor is 50% occupied by a Ukrainian restaurant, currently in the second year of a five-year lease, generating $4,000 in monthly rental income.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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