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141 Youngfox ROAD, Blind River, Ontario, P0R 1B0

MLS® # 24016207
Investment For Sale In Blind River, Ontario
$500,000
141 Youngfox Road, Blind River, ON - Outdoor
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Get a home insurance quote online for this $500,000 property in Blind River

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141 Youngfox ROAD, Blind River, Ontario, P0R 1B0
$500,000

Property Information:

Who else wants to be a millionaire? When was the last time you could take advantage of buying a property with creative financing! Better yet, are you already a cash millionaire! This one property with a realistic potential cap rate of 10% and possibly higher may be your ticket to a financial windfall and a wealthy retirement. You do the math: Twelve two bedroom approx. 875 square foot units at $1,350 each per month and the tenants pay utilities gives you $194,400 income per year. At a very low and realistic net income of $138,240 times a cap rate of 10% makes this property worth $1,382,400. With properties today selling at 5% cap rates, this one property all by itself could be worth $2,764,800. Doesn’t that make you a millionaire? For a more detailed information package contact Listing Agent. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Exterior Finish: Brick, Stucco
  • Flooring Type: Other
  • Heating Fuel: Electric
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1978
  • Irregular: Yes
  • Lot Size: 165.98 ft x 152.73 ft x 169.11 ft x 152.39 ft
  • Zoning: RES
  • Parking Type: Other
  • No. of Parking Spaces: 12

Rooms:

  • Bathroom 2nd Level Measurements not available
  • Laundry 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Dining Main Level Measurements not available
  • Kitchen Main Level Measurements not available
  • Living Main Level Measurements not available

Courtesy of: VISION REALTY LOCAL INC.

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 141 Youngfox ROAD, Blind River, Ontario, P0R 1B0

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

33 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 141 Youngfox ROAD , experiences 7 hot days per year at around 28.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past
28.5℃
2050
31.9℃

# Hot Days Per Year

Past
7
2050
33

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

14 storms expected in 2050

57/100

Moderate

ClimateCheck®

Current data

This property, 141 Youngfox ROAD , experiences 11 significant 2-day storms per year, with about 289.2mm 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 370.9mm of precipitation per year.

Precipitation Per Storm

Past
289.2mm
2050
370.9mm

48-Hour Storms Per Year

Past
11
2050
14

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 141 Youngfox ROAD, Blind River, Ontario, P0R 1B0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$97,531.61

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.46 %

High school certificate or equivalent

38.03 %

Apprenticeship trade certificate/diploma

9.51 %

College/non-university certificate

20.5 %

University certificate (below bachelor)

3.06 %

University Degree

12.44 %

Commuter

Travel To Work

By Car

91.96 %

By Public Transit

0.0 %

By Walking

0.32 %

By Bicycle

0.0 %

By Other Methods

7.72 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.17 %

Houses

86.83 %

Own Vs. Rent

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