48 Cedar Street, Aylmer, ON

$840,000
MLS#:X11929985
8 beds
4 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] multiplex located in the coveted neighborhood of Aylmer. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $840,000 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.

  • 8 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 82.17 x 134.92 ft lot
  • Features a ["full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Separate Hydro Meter, Water Heater Owned
  • equipped with ["window unit(s)"] central cooling and highly efficient baseboard heating via electric

First time on the market. Great start or addition to your investment portfolio. This purpose built 4 unit building is low maintenance and fully rented. 4 - 2 bed/1 bath units with shared coin operated laundry. Located on a quiet street within walking distance of downtown, parks, walking trail, market and Tim Hortons. Income est $41,972/yr 2025, property tax $5567, Insur est $2694, common area utilities $1325 est, lawn/snow $1593 est and common area cleaning $1218 est.

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Key Features

Bedrooms
8
Bathrooms
4
Kitchens
4
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 28, 2025
Sold price information is available to members only
Listed Date1/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionBrick
Lot Size82.17 × 134.92 Feet
CountyElgin
Annual Tax$5,567
Legal DescriptionPLAN 164 LOT 48 PT LOTS 47, 49 & RP 11R2543 PART 1 W/S CEDAR N/S MAPLE

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["Window Unit(s)"]

Features

Property Features

Community Features

Location

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48 Cedar Street, Aylmer, ON
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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 48 Cedar Street, Aylmer, ON N5H 2E9

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$672,000
Monthly Mortgage$3,905
Property Tax (Est.)$464
Utilities & Maint.$350
Total Monthly Cost$4,719

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.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Aylmer, Aylmer.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$550,658

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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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.