12369 COUNTY ROAD 16, Severn, Ontario, L0L 2C0

MLS® # S12604756

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Investment For Sale In Severn, Ontario

$1,295,000

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12369 County Road 16, Severn, ON - Outdoor

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12369 COUNTY ROAD 16, Severn, Ontario, L0L 2C0

$1,295,000

Property Information:

Multi-residential investment opportunity with 10-unit 2-story apartment (8 are legalized), 9 are leased. This asset is currently producing a net income of $68,980.49 (8 units). Including all 9 leased units, the net income increases to $84,580.49. If the property were fully leased, the potential NOI is over $100,000. The Landlord pays for all utilities; separate hydro meters are available that have never been hooked up. The property contains 3 septic beds and 1 drilled well. The building is being sold in an as-is where-is capacity. There is outstanding capital required; Seller estimates $70,000. The 2025 expenses are currently estimated. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Air Conditioning: Yes
Floor Space: 1 ac
Heating Type: Baseboard heaters
Cooling Type: Partially air conditioned

Property Features:

Property Type: Multi-family
Bathrooms: 10
Amenities Nearby: Highway
Features: Irregular lot size
Floor Space (approx): 1 Square Feet
Lot Frontage: 297.8 Feet
Zoning: RM2
Sewer: Septic System

Courtesy of: SUTTON GROUP INCENTIVE REALTY INC.

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Market Price Trends

Location of 12369 COUNTY ROAD 16, Severn, Ontario, L0L 2C0

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

32 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 12369 COUNTY ROAD 16 , experiences 7 hot days per year at around 30.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 33.9 degrees Celsius.

Projected Avg. Temperature

Past

30.4℃

2050

33.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

67/100

Moderate-High

ClimateCheck®

Current data

This property, 12369 COUNTY ROAD 16 , experiences 11 significant 2-day storms per year, with about 321.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.7mm of precipitation per year.

Precipitation Per Storm

Past

321.9mm

2050

408.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 12369 COUNTY ROAD 16, Severn, Ontario, L0L 2C0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$116,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.49 %

High school certificate or equivalent

32.39 %

Apprenticeship trade certificate/diploma

9.86 %

College/non-university certificate

28.17 %

University Degree

14.09 %

Commuter

Travel To Work

By Car

100.0 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.5 %

Houses

92.5 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 12369 COUNTY ROAD 16, Severn, Ontario, L0L 2C0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 12369 COUNTY ROAD 16, Severn, Ontario, L0L 2C0

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

12369 COUNTY ROAD 16, Severn, Ontario, L0L 2C0

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing