985 Kingsway Drive, Burlington, ON, L7T 3J1 - investment for sale | Listing ID W9396611

985 KINGSWAY DRIVE, Burlington, Ontario, L7T 3J1

MLS® # W9396611

Investment For Sale In La Salle, Burlington, Ontario

$1,899,999

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985 Kingsway Drive, Burlington, ON - Outdoor

985 Kingsway Drive, Burlington, ON - Outdoor With Exterior

985 Kingsway Drive, Burlington, ON - Indoor Photo Showing Other Room

985 Kingsway Drive, Burlington, ON - Indoor Photo Showing Kitchen With Double Sink

985 Kingsway Drive, Burlington, ON - Indoor Photo Showing Bathroom

985 Kingsway Drive, Burlington, ON - Indoor Photo Showing Basement

985 Kingsway Drive, Burlington, ON - Indoor Photo Showing Laundry Room

985 Kingsway Drive, Burlington, ON - Photo Showing Garage

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Get a home insurance quote online for this $1,899,999 property in Burlington

Provided by TD Insurance

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985 KINGSWAY DRIVE, Burlington, Ontario, L7T 3J1

$1,899,999

Property Information:

6.3% cap rate. 8-units (3x 2b & 5x 1b) total including 3 vacant. Meticulously maintained building features revitalized common areas and updated exterior retaining wall. Tenants pay Hydro. Flat roof (2022). Clean Environmental Phase 1 (2024). Laundry on site. 11 parking spots. Located less than 3 km from Aldershot GO Station, Highway 403, and Mapleview Shopping Centre. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Development: Finished
Basement Type: N/A
Exterior Finish: Concrete
Foundation Type: Block
Heating Type: Hot water radiator heat
Heating Fuel: Natural gas
Appliances: Dryer, Refrigerator, Stove

Property Features:

Property Type: Multi-family
Bedrooms: 8
Bathrooms: 8
Irregular: Yes
Lot Depth: 141.6 Feet
Lot Frontage: 76.0 Feet
Lot Size: 76 x 141.62 FT
Sewer: Sanitary sewer
No. of Parking Spaces: 11

Courtesy of: MYSAK REALTY INC.

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Market Price Trends

Location of 985 KINGSWAY DRIVE, Burlington, Ontario, L7T 3J1

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

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 985 KINGSWAY DRIVE , experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past

32.1℃

2050

35.6℃

# 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

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 985 KINGSWAY DRIVE , experiences 11 significant 2-day storms per year, with about 306.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 382.1mm of precipitation per year.

Precipitation Per Storm

Past

306.8mm

2050

382.1mm

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 985 KINGSWAY DRIVE, Burlington, Ontario, L7T 3J1

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$90,618.57

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.91 %

High school certificate or equivalent

32.38 %

Apprenticeship trade certificate/diploma

5.98 %

College/non-university certificate

22.87 %

University certificate (below bachelor)

1.4 %

University Degree

19.47 %

Commuter

Travel To Work

By Car

82.92 %

By Public Transit

9.05 %

By Walking

3.85 %

By Bicycle

0.99 %

By Other Methods

3.19 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

68.68 %

Houses

31.32 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 985 KINGSWAY DRIVE, Burlington, Ontario, L7T 3J1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 985 KINGSWAY DRIVE, Burlington, Ontario, L7T 3J1

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

985 KINGSWAY DRIVE, Burlington, Ontario, L7T 3J1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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