15 CHESTNUT Street, Aylmer, ON

$369,900
MLS#:X11904051
5 beds
3 baths
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on February 27, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey multiplex located in the coveted neighborhood of Aylmer. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $369,900 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 3 Bathrooms with 3 functional kitchens
  • Premium 58.67 x 66 ft lot size
  • 4.0 total parking spaces available
  • Notable attributes: Other
  • Efficient baseboard heating via electric

Description

Welcome to this charming corner lot triplex property located in Aylmer, offering three separate units that make it an ideal investment opportunity for those looking to grow their portfolio. Each unit is currently occupied, providing immediate rental income upon acquisition. With C2 zoning in place, there is also potential for future expansion or development, adding further value to this versatile property. Unit 1 features a spacious layout with two bedrooms. Unit 2 offers another two-bedroom layout and the third unit is a cozy one-bedroom space. For investors seeking a property with both immediate returns and future growth potential, this triplex in Aylmer presents a compelling opportunity. Positioned in a desirable location with established rental income and room for expansion, it promises to be a valuable addition to any investment portfolio.

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Property Summary

This multiplex located at 15 CHESTNUT Street, Aylmer is currently for sale and has been available on SousaSells for 562 days. This property is listed at $369,900 with an estimated mortgage of $1,231* per month. It has 5 beds, 3 bathrooms, and is unknown square feet. 15 CHESTNUT Street, Aylmer is in the Aylmer neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
3
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 27, 2025
Sold price information is available to members only
Listed Date1/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementNone
Lot Size58.67 × 66 Feet
CountyElgin
Annual Tax$2,623
Legal DescriptionPT LT 2 W/S MURRAY AV PL 164 AYLMER AS IN E308482; AYLMER

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

School, School Bus Route, Hospital, Place Of Worship

Interior Features

Other

Security Features

Community Features

Location

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15 CHESTNUT 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 15 CHESTNUT Street E, Aylmer, ON N5H 1E1

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Aylmer.

Configure Loan Settings

Interest Rate4.00%
Down Payment$110,970 (30.0%)
* Minimum Canadian down payment required for this price is $18,495.
Amortization Period30 Years
Estimated Monthly Payment$1,231Based on a loan of $258,930 over 30 years.
Purchase Price$369,900
Loan Amount$258,930
Provincial Land Transfer Tax:$4,024
Total Estimated Closing Taxes:$4,024

About Purchasing a Home in Aylmer, ON

For a property listed at $369,900 in Aylmer, the legal minimum down payment is $18,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,024 for this transaction. As this listing is in Aylmer (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,024.

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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$611,710

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.