Property Details

87 NORTHUMBERLAND Street, Ayr, Ontario

87 NORTHUMBERLAND Street, Ayr, Ontario (ID 40139402)

$1,400,000 - For Sale

ID#:40139402

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).

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Property Details
  • Property Address:87 NORTHUMBERLAND Street, Ayr, Ontario
  • Property Type:Residential
  • Lot Size:90.42 x 121.11 90.42 ft Frontage
  • Sewage Type:Sewer
  • Water Type:Municipal
Structure Details for 87 NORTHUMBERLAND Street, Ayr, Ontario
  • Bedrooms:13
  • Bathrooms:8
  • Heating Type:Baseboard Heaters, Forced Air, Gas
  • Exterior Type:Brick, Vinyl Siding
Amenities for 87 NORTHUMBERLAND Street, Ayr, Ontario Accessory Apartment, Carbon Monoxide Detector(s), Downtown, Highway Access, Library, Near Schools, Near Shopping, Place of Worship, Playground Nearby, River/Stream, School Bus Route, Separate Heating Controls, Separate Hydro Meters, Smoke Detector(s)
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87 NORTHUMBERLAND Street, Ayr, Ontario

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