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14 Arthur Street N, Elmira, ON, N3B 1Z7

MLS® # 40705364
Investment For Sale In Elmira, Ontario
$1,750,000
14 Arthur Street N, Elmira, ON
14 Arthur Street N, Elmira, ON
14 Arthur Street N, Elmira, ON
14 Arthur Street N, Elmira, ON
14 Arthur Street N, Elmira, ON
14 Arthur Street N, Elmira, ON
14 Arthur Street N, Elmira, ON, N3B 1Z7
$1,750,000

Property Information:

Attention Multi Family Investors - here is a nine unit apartment building with large suites for under $200,000 per suite! This property features four 3-bedroom units, four 2-bedroom units and one 1 bedroom unit. Each unit is separately metered for all utilities (gas, hydro and water). Each unit has a gas furnace for heat. The building was renovated in 1992 with the rear addition. Elmira is a great location with limited supply of rental housing. The average rent is $1,146 offering significant upside potential for the next owner.

Inclusions: Carbon Monoxide Detector

Building Features:

  • Floor Space: 8060 Square Feet

Property Features:

  • Bedrooms: 21
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Construction Materials: Brick
  • Cooling: Central Air
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 8060 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Coin Operated
  • Lot Depth: 127 Feet
  • Lot Features: City Lot
  • Lot Frontage: 94.00 Feet
  • Roof: Metal
  • Security Features: Carbon Monoxide Detector
  • Water Source: Municipal
  • Zoning: C1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 9

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
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 14 Arthur Street N, Elmira, ON, N3B 1Z7

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, 14 Arthur Street N, experiences 7 hot days per year at around 30.3 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 33.8 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
33.8℃

# 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

63/100

Moderate-High

ClimateCheck®

Current data

This property, 14 Arthur Street N, experiences 11 significant 2-day storms per year, with about 318.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 393.5mm of precipitation per year.

Precipitation Per Storm

Past
318.9mm
2050
393.5mm

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.

Demographic Information of 14 Arthur Street N, Elmira, ON, N3B 1Z7

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$120,279.80

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.23 %

High school certificate or equivalent

36.03 %

Apprenticeship trade certificate/diploma

6.79 %

College/non-university certificate

19.75 %

University certificate (below bachelor)

0.76 %

University Degree

15.44 %

Commuter

Travel To Work

By Car

78.33 %

By Public Transit

0.01 %

By Walking

15.29 %

By Bicycle

0.0 %

By Other Methods

6.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

48.26 %

Houses

51.74 %

Own Vs. Rent