Address
87 NORTHUMBERLAND Street Ayr, ON
Price
$ 1,400,000
Property Attributes
  • ID#40139402
  • TypeMulti-Family
  • CityAyr
  • Postal CodeN0B 1E0
  • Style
  • Price$ 1,400,000
  • Bedrooms13
  • Bathrooms8
  • Half Bathrooms0
  • Sqr Footage5916
Listing Provided Courtesy Of:
Aaron Hepomaki with Re/Max Twin City Realty Inc., Brokerage
Data Source:
RLP - CREA EN
Property Description

MULTI-RESIDENTIAL PROPERTIES ARE FAR AND FEW IN THIS GROWING TOWN! Welcome to 87 Northumberland Street -- an eight unit property featuring three one-bedroom units and five two-bedroom units. The first multi-residential property in Ayr to list on the MLS in over FIVE years, and the first one of this size and use to ever hit the Ayr market. This town has seen exponential growth in the previous years with multiple developments created and proposed. Z.6 zoning allows for a variety of uses including retail and wholesale commercial establishments, office, financial institution, clinic or laboratory, hotel, restaurant, repair shop, and more. LEASES ARE IN DEMAND IN AYR and these units could foresee rent increases between 20-35% during tenant turnover. Eight minutes from HWY-401, 12 minutes from Kitchener, 12 minutes from Cambridge, and right on the cusp of the Waterloo Region and Brant County. Eight parking spaces, siding on north wall facing Hall Street (2020), newer asphalt shingles (2017/2018) plus a steel roof, furnace (2020). (id:27)

General Features

Beds 13

Interior Features

Bedrooms 13
Total Baths 8

Exterior Features

Lot Frontage 90.0
Jumpid 15435414
Mls 40139402

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N0B 1E0

Price
AVG $1.4M
$1.4M
Visits
AVG 120
120
Year Built
AVG 1895
1895
Walkscore
AVG 25
25
Data Provided by Walkscore ® not using MLS data

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