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3250 RIVER STREET, Brooke-Alvinston, Ontario, N0N 1A0

MLS® # 25010238
Investment For Sale In Brooke-Alvinston, Ontario
$1,550,000
3250 River Street, Brooke-Alvinston, ON - Outdoor
3250 River Street, Brooke-Alvinston, ON - Outdoor
3250 River Street, Brooke-Alvinston, ON - Outdoor
3250 River Street, Brooke-Alvinston, ON - Outdoor
3250 RIVER STREET, Brooke-Alvinston, Ontario, N0N 1A0
$1,550,000

Property Information:

A lucrative investment opportunity awaits with this newer fourplex built in 2024 & currently netting $97,170 per year. Low maintenance requirements, minimal property taxes & all-newer appliances kept expenses to a minimum, ensuring maximum profitability. Each unit measures approx. 1000 sq. ft. & includes a modern 4-piece bathroom, spacious kitchen with island, oversized bonus room, laundry closet & rear cement patio. Adding both convenience & value is an attached garage, finished & heated. All these features combine to provide an enjoyable living experience & capitalize on the demand for quality rental properties. Additionally, all units have signed leases & are plus utilities. The building’s central location within southwestern Ontario provides access to numerous markets like London, Strathroy, Sarnia and Chatham. With its contemporary design & thoughtful amenities, this property promises not only a steady stream of income but also long-term value appreciation. Ask today for details. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Air Conditioning: Yes
  • Amenities: Laundry Facility
  • Flooring Type:
  • Foundation Type: Concrete
  • Heating Type: Radiant heat
  • Heating Fuel: Electric
  • Cooling Type: Fully air conditioned

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 2024
  • Irregular: Yes
  • Lot Size: 134/128 X 105
  • Zoning: R3 (3)
  • Parking Type: Other
  • No. of Parking Spaces: 2

Rooms:

  • Laundry Main Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Office Main Level 11.10 x 10.7
  • Primary Bedroom Main Level 11.10 x 11.4
  • Breakfast Main Level 12.2 x 11.4
  • Kitchen Main Level 12.2 x 12
  • Living Main Level 12.2 x 23

Courtesy of: RE/MAX Sarnia Realty Inc

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

All Properties

4.93%

Price change (1 year)

56.31%

Price change (5 years)

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

Location of 3250 RIVER STREET, Brooke-Alvinston, Ontario, N0N 1A0

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

13 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 3250 RIVER STREET , experiences 7 hot days per year at around 31.7 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 35.2 degrees Celsius.

Projected Avg. Temperature

Past
31.7℃
2050
35.2℃

# 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

13 storms expected in 2050

57/100

Moderate

ClimateCheck®

Current data

This property, 3250 RIVER STREET , experiences 11 significant 2-day storms per year, with about 302.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 374.9mm of precipitation per year.

Precipitation Per Storm

Past
302.9mm
2050
374.9mm

48-Hour Storms Per Year

Past
11
2050
13

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 3250 RIVER STREET, Brooke-Alvinston, Ontario, N0N 1A0

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$101,578.56

Average Number of Children

1.81

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.37 %

High school certificate or equivalent

32.67 %

Apprenticeship trade certificate/diploma

6.39 %

College/non-university certificate

27.95 %

University certificate (below bachelor)

2.35 %

University Degree

12.27 %

Commuter

Travel To Work

By Car

97.22 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

2.78 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.8 %

Houses

88.2 %

Own Vs. Rent

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