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87 NORTHUMBERLAND Street (40139402)

$1,400,000
87 NORTHUMBERLAND Street, Ayr, Ontario
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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:18213)

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Amenities NearbyPlace of Worship, Playground, Schools, Shopping Community FeaturesSchool Bus
EquipmentFurnace, Water Heater OwnershipFreehold
Rental EquipmentFurnace, Water Heater TransactionFor sale
Zoning DescriptionZ6
AppliancesWater meter Basement DevelopmentPartially finished
BasementPartial (Partially finished) Constructed Date1895
CoolingCentral air conditioning Exterior FinishBrick, Vinyl siding
Fire ProtectionSmoke Detectors FoundationStone
Bathrooms (Total)8 Heating FuelNatural gas
HeatingBaseboard heaters, Forced air Size Interior5916.0000
Storeys Total2 Utility WaterMunicipal water
Size Frontage90 ft Access TypeHighway access
AmenitiesPlace of Worship, Playground, Schools, Shopping SewerMunicipal sewage system
Size Depth121 ft
WalkScore

Listing Office: RE/MAX TWIN CITY REALTY INC., BROKERAGE

Data Provided by Cambridge Association of REALTORS® Inc.

Last Modified :21/09/2021 03:45:54 PM

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association

1400 Bishop St N, Cambridge, Ontario  N1R 6W8

519.716.6125

Tannerross@rogers.com

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