Home Details for 17 Oak Street

Cashflow Turnkey Duplex in the heart of Aylmer, a serene, high-demand rental town perfect for stable cash flow and long-term growth. Ideal for house hacking, live in the vacant lower 2-bedroom unit and offset your mortgage to below local rent rates, while enjoying a private backyard oasis. The upper unit, with 2 bedrooms plus a bonus room (ideal as an office or games room - non-conforming bedroom), is leased to clean reliable tenants at $1,400/month (heat included, utilities extra)-below the market rate of $1,700+, offering room to boost your CAP rate upon turnover. The lower unit is move-in ready, rentable at $1,700+ or convertible to a high-yield Airbnb for added income.Both units feature private entrances, in-unit laundry, and smart layouts that attract quality tenants or short-term guests. Enjoy spacious 20'x14' patios, with Unit A boasting an oversized metal gazebo-perfect for relaxing with a glass of wine. The tranquil backyard, shaded by mature trees and quiet neighbours where you can unwind by a bonfire, listening to birds, squirrels, and ducks in the nearby river. Located in a peaceful town with an A-grade tenant pool, this low-maintenance gem is a smart portfolio addition. Just 20 minutes to Hwy 401, Tillsonburg, Port Stanley, or Port Burwell beaches, 30 minutes to London, 15 minutes to St. Thomas, and 10 minutes to Port Bruce Beach. (id:31684)

• Heating Information

  • Natural Gas
  • Radiant

• Cooling Information

  • Window Unit(s)