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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:24093)
Listed by AARON HEPOMAKI of RE/MAX TWIN CITY REALTY INC.,BROKERAGE

Property Details of 87 Northumberland Street

Property Details

Interior Features

Utilities and Appliances

Map Location

"Based on information submitted to CREA as of October 16, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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