132 Main Street Ailsa Craig, Ontario N0M 1A0

4 Bedroom 4 Bathroom 2000
None Forced Air


INVESTMENT OPPORTUNITY. Fourplex --Four 1 Bedroom, 1 Bathroom Units.- 3 units month to month. All brick building with vinyl siding. Hands off, easy investment in the booming, growing small town of Ailsa Craig with more than 300 new homes set to build within a few years - already started. Zoning allows commercial uses as well. Current rents are as follows: Unit 1 - $699.26, Unit 2 - $1200 plus utilities (leased for 1 year) Unit 3 - $549.77, Unit 4 - $674.00. (long term tenants - under paying except Unit 2 - newly rented) Tenants pay gas and hydro. Taxes are only approx. $3000/year. With some work - this could be an excellent income property. (id:51356)

Property Details

MLS® Number 40408497
Property Type Multi-family
Amenities Near By Place Of Worship, Playground, Shopping
Community Features Community Centre, School Bus
Equipment Type None
Features Corner Site
Parking Space Total 4
Rental Equipment Type None
Structure Shed


Bathroom Total 4
Bedrooms Total 4
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1890
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Fire Protection None
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2000
Type Fourplex
Utility Water Municipal Water


Access Type Road Access
Acreage No
Land Amenities Place Of Worship, Playground, Shopping
Sewer Municipal Sewage System
Size Depth 114 Ft
Size Frontage 60 Ft
Size Irregular 0.158
Size Total 0.158 Ac|under 1/2 Acre
Size Total Text 0.158 Ac|under 1/2 Acre
Zoning Description C1


Cable Available
Electricity Available
Natural Gas Available
Telephone Available



Contact us for more information

Generating Captcha

Denette Michelle Newham

(519) 227-4884

Century 21 First Canadian Corp., Brokerage
159 Main Street
Lucan, Ontario N0M 2J0

(519) 227-4884

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