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36 Balbo Drive, Clarenville, NL, A5A 4A4

MLS® # 1272383
Investment For Sale In Clarenville, Newfoundland and Labrador
$699,900
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
36 Balbo Drive, Clarenville, NL
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36 Balbo Drive, Clarenville, NL, A5A 4A4
$699,900

Property Information:

A fantastic investment opportunity awaits you here at 36 Balbo Drive in Clarenville. What was once commercial office space has now been converted into 6 individual residential units. The 2021-2022 conversion allowed for 5 two bedroom units and a single one bedroom unit that is totally wheelchair accessible providing much needed housing options in the area. The units are bright and spacious with each being approximately 840 square feet, plus each unit has an outside patio area or deck. The building shows like new, and the units are highly sought after; making this real estate opportunity an income generating one.

Property Features:

  • Annual Tax Amount: $2,270
  • Built in: 2022
  • Driveway: Paved
  • Exterior: Vinyl
  • Features: Deck/Patio, Wheelchair Access
  • Floor Space (approx): 5160 Square Feet
  • Foundation: Apartment, Concrete, Fully Developed
  • Heating Cooling: Baseboard, Electric
  • Property Size: 4,051-7,250 sq ft
  • Road: Public
  • Roof: Shingle - Asphalt
  • Services: Cable, Electricity, High Speed Internet, Telephone
  • Style Of Dwelling: Detached, 6-10 Units
  • Title: Freehold
  • Year Built Description: Updated/Remodeled
  • Zoning: Res.
  • Water: Municipal
  • Sewer: Municipal

Data provided by: Newfoundland and Labrador Association of REALTORS® 28 Logy Bay Road, St. John’s, Newfoundland A1A 1J4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 36 Balbo Drive, Clarenville, NL, A5A 4A4

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: Low

26 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

Projected Heat Risk: Low

26 hot days expected in 2050

17/100

Low

ClimateCheck®

Current data

This property, 36 Balbo Drive , experiences 7 hot days per year at around 25.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 28 degrees Celsius.

Projected Avg. Temperature

Past
25.4℃
2050
28℃

# Hot Days Per Year

Past
7
2050
26

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

15 storms expected in 2050

72/100

Moderate-High

ClimateCheck®

Current data

This property, 36 Balbo Drive , experiences 11 significant 2-day storms per year, with about 358.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 469.3mm of precipitation per year.

Precipitation Per Storm

Past
358.8mm
2050
469.3mm

48-Hour Storms Per Year

Past
11
2050
15

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.

Demographic Information of 36 Balbo Drive, Clarenville, NL, A5A 4A4

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$100,324.48

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.38 %

High school certificate or equivalent

26.84 %

Apprenticeship trade certificate/diploma

13.8 %

College/non-university certificate

25.73 %

University Degree

8.25 %

Commuter

Travel To Work

By Car

95.67 %

By Public Transit

0.0 %

By Walking

4.33 %

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)

Houses

99.94 %

Own Vs. Rent