76 Caverly Road

Nestled in the charming community of Aylmer, 76 Caverly Road, Aylmer, presents an exceptional investment opportunity with a Multi-Family Home for sale in Aylmer . This well-maintained multiplex boasts a raised bungalow style and is thoughtfully designed to accommodate multiple families, making it an ideal choice for investors looking to expand their portfolio. With a total of 16 rooms, including 8 bedrooms and 7 bathrooms, this property is perfectly suited for those seeking to provide comfortable living spaces for tenants.

The layout of this Multi-Family Home for sale in Aylmer is particularly advantageous, featuring six two-bedroom, one-bathroom units split across two buildings. This configuration not only maximises rental income potential but also offers room for possible additional units, allowing for further investment opportunities. The property has been purpose-built, ensuring that it meets the needs of tenants while providing a steady income stream. First time on the market, this property has been well cared for, with many long-term tenants already in place, which speaks volumes about its desirability.

Situated on a generous lot measuring 93 by 197 feet, 76 Caverly Road, Aylmer, offers ample parking space for up to 10 vehicles, making it convenient for both tenants and visitors. While there is no garage or driveway, the parking facilities more than compensate for this, ensuring that residents can easily access their homes. The absence of a pool and fireplace means that maintenance is kept to a minimum, allowing for a hassle-free investment experience.

The property features four kitchens, including two additional kitchens, which is a significant advantage for a Multi-Family Home for sale in Aylmer. This allows for a seamless living experience, as tenants can enjoy the convenience of cooking facilities without the need to share extensively. The home is unfurnished, providing tenants with the flexibility to personalise their living spaces according to their tastes and preferences.

Heating is provided by a baseboard system, and although the property is equipped with window air conditioning units, it lacks a central vacuum system. However, the presence of municipal water and sewer services ensures that essential utilities are readily available. Internet access is also included, catering to the modern needs of tenants who require connectivity for work or leisure.

The financial aspects of this investment are equally appealing. With an estimated rental income of £80,400 for 2025, this Multi-Family Home for sale in Aylmer promises a lucrative return on investment. The property tax for 2024 is estimated at £7,637, while insurance costs are projected to be around £3,591 for the same year. Additional expenses, including common area utilities, lawn care, snow removal, and cleaning services, are also manageable, with estimates for 2024 being £1,880, £2,930, and £1,110 respectively.

The location of 76 Caverly Road, Aylmer, is another significant selling point. The property is within walking distance of the East Elgin Community Complex and a Tim Hortons, making it convenient for tenants to access recreational facilities and enjoy a quick coffee. The surrounding area is characterised by good parking and green spaces, further enhancing the appeal of this Multi-Family Home for sale in Aylmer.

In summary, 76 Caverly Road, Aylmer, is a remarkable opportunity for investors looking for a well-maintained, purpose-built multiplex in a thriving community. With its spacious layout, excellent rental potential, and prime location, this Multi-Family Home for sale in Aylmer is not to be missed. Whether you are a seasoned investor or new to the property market, this investment promises to deliver both stability and growth. Don't hesitate to explore this fantastic opportunity!

Aylmer, nestled within the city of Aylmer, offers a charming blend of rural tranquillity and suburban convenience, making it an appealing choice for prospective residents. This picturesque area is characterised by its lush green spaces, quaint streets, and a strong sense of local identity, where neighbours often greet one another with a friendly nod. The community boasts a range of amenities, including parks, shops, and schools, all within easy reach, fostering a welcoming atmosphere for families and individuals alike. With its rich history and vibrant local culture, Aylmer provides a delightful setting for those seeking a peaceful yet connected lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Just 0.2 km away is Davenport Public School, an elementary school serving grades 4 to 8 under the Thames Valley District School Board. For younger children, McGregor Public School is located 1.0 km from the property, offering education from Junior Kindergarten to grade 3. East Elgin Secondary School, only 0.4 km away, provides high school education for grades 9 to 12 and boasts an impressive school rating of 4.8, reflecting its strong academic performance and community reputation. Additionally, Assumption Catholic School, located 1.3 km away, caters to students from Junior Kindergarten to grade 8 under the London District Catholic School Board. This diverse range of schooling options, all within a short distance, ensures that your children will have access to quality education in a supportive environment. With a mix of public and Catholic schools nearby, families can choose the best fit for their educational preferences. Overall, this property is well-situated for families prioritizing education.