Property Details

132 MAIN Street, Ailsa Craig, Ontario, N0M1A0

132 MAIN Street, Ailsa Craig, Ontario, N0M1A0 (ID 40351678)
Representative
Doug, Mark and Garrett Pedlar portrait
Doug, Mark and Garrett Pedlar
Broker of Record, Broker and Sales Respresentative
RE/MAX Bluewater Realty Inc., Brokerage*
Tel: 519-238-5700
Toll free: 1-888-626-5333

$499,900 - For sale

ID#:40351678

Fourplex with NOI of $20,698. Four 1 Bedroom, 1 Bathroom units all under rented, all month to month. Rent increases through turnover should have NOI closer to $45,000! All brick building with vinyl siding. Hands off, easy investment in booming, growing small town with more than 300 new homes set to build within a few years - starting this spring. Zoning allows commercial uses as well. Current rents are as follows: Unit 1 - $682.09, Unit 2 - $536.36, Unit 3 - $617.32, Unit 4 - $566.72 (id:2471)

Location DescriptionFrom London - Travelling north on Hwy # 4, turn west on Elginfield Rd. Property is on the right hand side of road, in town of Ailsa Craig.

Property Details
  • Property Address:132 MAIN Street, Ailsa Craig, Ontario, N0M1A0
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:0.158
  • Acreage:0.158 ac|under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access
  • Parking Space Total:4
Structure Details for 132 MAIN Street, Ailsa Craig, Ontario, N0M1A0
  • Structure Style:Fourplex
  • Building Age:1890
  • Bedrooms:4
  • Bathrooms:4
  • Floor Space:2000
  • Heating Type:Natural gas, Forced air
  • Style:Detached
  • Storeys:2
  • Basement Type:Full (Unfinished)
  • Cooling Type:None
  • Rental Equipment:None
  • Exterior Type:Brick, Vinyl siding
Amenities for 132 MAIN Street, Ailsa Craig, Ontario, N0M1A0 Corner Site, Community Centre, School Bus
  • Amenities Nearby:Place of Worship, Playground, Shopping
Representative
Doug, Mark and Garrett Pedlar portrait
Doug, Mark and Garrett Pedlar
Broker of Record, Broker and Sales Respresentative
RE/MAX Bluewater Realty Inc., Brokerage*
Tel: 519-238-5700
Tollfree: 1-888-626-5333
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132 MAIN Street, Ailsa Craig, Ontario, N0M1A0

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