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10201 100 AV, Morinville, Alberta, T8R 1P7

MLS® # E4414006
new listing
Investment For Sale In Morinville, Alberta
$457,000
10201 100 Av, Morinville, AB - Outdoor
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10201 100 AV, Morinville, Alberta, T8R 1P7
$457,000

Property Information:

Attention investors !Right on Main street in Morinville close to the Civic Center . This two story mixed commercial/ residential building boasts over a 8 cap rate and could easily be bumped up to double digit returns with adjustments of leases. Built in 1910 , this building had benefited from major infrastructure upgrades in 2010 to the plumbing, electrical and heating. Main floor offers over 2000 square feet of office retail, currently leased to a law firm. Bright open reception area with 2 offices in the back. The second floor offers a three bedroom unit with hardwood floors, and a one bedroom unit also updated. Great revenue property to add to your portfolio! (id:27)

Property Features:

  • Property Type: Multi-family
  • Built in: 1910
  • Lot Size: 4950.00 Square Feet
  • No. of Parking Spaces: 4

Courtesy of: MaxWell Progressive

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 10201 100 AV, Morinville, Alberta, T8R 1P7

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-Low

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

33/100

Moderate-Low

ClimateCheck®

Current data

This property, 10201 100 AV , experiences 7 hot days per year at around 28.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 31.7 degrees Celsius.

Projected Avg. Temperature

Past
28.2℃
2050
31.7℃

# Hot Days Per Year

Past
7
2050
27

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-Low

11 storms expected in 2050

24/100

Moderate-Low

ClimateCheck®

Current data

This property, 10201 100 AV , experiences 10 significant 2-day storms per year, with about 193.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 209.9mm of precipitation per year.

Precipitation Per Storm

Past
193.9mm
2050
209.9mm

48-Hour Storms Per Year

Past
10
2050
11

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 10201 100 AV, Morinville, Alberta, T8R 1P7

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$99,251.64

Average Number of Children

1.83

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.99 %

High school certificate or equivalent

37.48 %

Apprenticeship trade certificate/diploma

13.69 %

College/non-university certificate

18.01 %

University certificate (below bachelor)

0.03 %

University Degree

6.8 %

Commuter

Travel To Work

By Car

88.24 %

By Public Transit

0.4 %

By Walking

5.55 %

By Bicycle

0.0 %

By Other Methods

5.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.16 %

Houses

88.84 %

Own Vs. Rent

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