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32 KING STREET E, Cavan Monaghan, Ontario, L0A 1G0

MLS® # X12078984
Investment For Sale In Cavan Monaghan, Ontario
$1,250,000
32 King Street E, Cavan Monaghan, ON - Outdoor
32 King Street E, Cavan Monaghan, ON - Outdoor
32 King Street E, Cavan Monaghan, ON - Outdoor With Facade
32 King Street E, Cavan Monaghan, ON - Outdoor
32 King Street E, Cavan Monaghan, ON -
32 King Street E, Cavan Monaghan, ON - Outdoor
32 KING STREET E, Cavan Monaghan, Ontario, L0A 1G0
$1,250,000

Property Information:

Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Type: Crawl space
  • Exterior Finish: Brick
  • Foundation Type: Stone
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Central air conditioning
  • Appliances: Water meter, Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 7
  • Features: Lane
  • Irregular: Yes
  • Lot Depth: 97.0 Feet
  • Lot Frontage: 37.0 Feet
  • Lot Size: 37 x 97 FT
  • Zoning: CMU1
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 5

Courtesy of: ROYAL HERITAGE REALTY LTD.

REALTOR.ca  

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Sales/Price History

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Market Price Trends

Single family detached

10.49%

Price change (1 year)

54.38%

Price change (5 years)

All Properties

10.56%

Price change (1 year)

52.53%

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 32 KING STREET E, Cavan Monaghan, Ontario, L0A 1G0

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

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 32 KING STREET E , experiences 7 hot days per year at around 30 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 33.6 degrees Celsius.

Projected Avg. Temperature

Past
30℃
2050
33.6℃

# Hot Days Per Year

Past
7
2050
34

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

14 storms expected in 2050

61/100

Moderate-High

ClimateCheck®

Current data

This property, 32 KING STREET E , experiences 11 significant 2-day storms per year, with about 305.7mm 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 381.7mm of precipitation per year.

Precipitation Per Storm

Past
305.7mm
2050
381.7mm

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 32 KING STREET E, Cavan Monaghan, Ontario, L0A 1G0

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$131,540.39

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.33 %

High school certificate or equivalent

22.82 %

Apprenticeship trade certificate/diploma

7.32 %

College/non-university certificate

29.91 %

University certificate (below bachelor)

2.27 %

University Degree

17.36 %

Commuter

Travel To Work

By Car

93.15 %

By Public Transit

0.0 %

By Walking

5.5 %

By Bicycle

0.0 %

By Other Methods

1.35 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.84 %

Houses

80.16 %

Own Vs. Rent

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