278 Sydenham Street, Aylmer, ON

$550,000
MLS#:X9261888
5 beds
2 baths
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] duplex located in the coveted neighborhood of Aylmer. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $550,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Premium 70 x 136.29 ft lot size
  • Features a ["crawl space"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned, In-Law Suite
  • equipped with ["window unit(s)"] central cooling and highly efficient forced air heating via gas

HOUSE HACKING / DUPLEX / INCOME PROPERTY / RENTAL / AIRBNB - Whatever you want to call it this is one of the most effective ways to build proven wealth and add or build a portfolio of investments. Welcome to this larger than it looks duplex featuring a 4 bedroom, 1 full bath unit with shop & yard (5 if you count the downstairs bedroom being used now) @ $1,600+utilites currently (market rent of $2,500+utilities) and a 1 bedroom, 1 bath currently rented at $900+utilies (market rent of $1,100+utilities). Both units are comfortable and well maintained with hookups for laundry in units, 100 amp service with separate in-unit panels, updated gas furnace and new central air, 2 water meters, 2 hydro meters with a potential 3rd meter on the shop for owner or future accessory dwelling? Please do your own due diligence! Ample sized rooms in the 4 bed with gas fireplace and cozy living room looking out to a splendid yard beside the shop. This is a great opportunity in a LOW VACANCY A GRADE RENTER TOWN and we welcome your offers! Aylmer, in the center of the country, beaches, towns and cities - 20 mins to 401 / Tillsonburg / Port Stanley / Burwell Beaches, 30 mins to London, 15 mins to St Thomas & 10 mins to Port Bruce Beach.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 27, 2025
Sold price information is available to members only
Listed Date8/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionAluminum Siding
Lot Size70 × 136.29 Feet
CountyElgin
Annual Tax$3,350.83
Legal DescriptionPLAN 164 LOT 45, PT LOT 44

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Window Unit(s)"]

Features

Property Features

Community Features

Location

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278 Sydenham Street, Aylmer, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Aylmer, Aylmer.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$528,592

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Assumption
Public42 Elk Street, Aylmer, Ontario, N5H 1P6
2.3
Summers' Corners
Public50576 Highway 3, Aylmer, Ontario, N5H 2R1
5.2

Secondary Schools

East Elgin
Public362 Talbot Street West, Aylmer, Ontario, N5H 1K6
4.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 278 Sydenham Street E, Aylmer, ON N5H 1M2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$440,000
Monthly Mortgage$2,557
Property Tax (Est.)$279
Utilities & Maint.$350
Total Monthly Cost$3,186

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Aylmer.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.