128 Talbot Street E
Aylmer, Aylmer, N5H 1H5
$1,299,888
Listed 3 days ago · MLS® X14087934
About this home
Exceptional investment opportunity in the heart of Aylmer! This freestanding, mixed-use commercial/residential building, zoned C1, offers approximately 10,000 sq. ft. of versatile space with tremendous income potential. The ground floor is 50% occupied by a Ukrainian restaurant, currently in the second year of a five-year lease, generating $4,000 in monthly rental income. The remaining 50% has been gutted and offers an opportunity for customization, with plans previously envisioned for a coin-operated laundromat and ample electrical capacity already in place. The second floor features 18 self-contained bachelor units, with vacant possession to be provided to the new owner on completion date. Additional highlights include ample side parking and street parking, newer flat and sloped roofing, a newer furnace, and updated plumbing with PVC piping. An outstanding opportunity for investors, developers and entrepreneurs seeking a property with multiple income streams and exciting potential to add value. Explore the possibilities this unique property has to offer!
Details
- Type
- Commercial Retail
- Lot
- 94.62 × 132 ft
- Garage
- Outside/Surface
- Property tax
- $14,615 (2026)
- Neighbourhood
- Aylmer
- Municipality
- Aylmer
Heating, cooling and services
- Heating
- Fan Coil
- Air conditioning
- Partial
- Utilities
- Available
Building and exterior
- Building area
- 10,000 Square Feet
More
- Possession
- TBD
- Cross street
- Talbot St E and John St N
History of this address
1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: no grocery stores, 8 cafés and restaurants, 3 parks, 2 pharmacies. Nearest park: Balmoral Park (300 m).
Schools nearby
Elementary
- Assumption Separate School Catholic
EQAO: Gr 6 reading 84%, math 56%5 min walk - McGregor Public School
EQAO: Gr 3 reading 54%, math 59%7 min walk
Secondary
- East Elgin Secondary School
EQAO: Gr 9 math 43%, literacy test 74%15 min walk - Davenport Public School18 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area N5H
- Owners / renters
- 77% / 23%
- Median household income
- $83,000
- Average age
- 39
- Children under 15
- 22%
- Homes
- 80% detached, 1% high-rise
- Commute by transit
- 0%
- Population
- 15,625
Languages spoken most at home besides English: German 6.8%, Plautdietsch 4.1%, Low German 1%, Pennsylvania German 0.6%.
Safety
Crime Severity Index for Aylmer police: 47 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
To downtown London: 32 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by CENTURY 21 LEGACY LTD..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.