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108 RUSSELL STREET N, Madoc, Ontario, K0K 2K0

MLS® # X8252178
Commercial For Sale In Madoc, Ontario
$1,150,000
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
108 Russell Street N, Madoc, ON
  • Advertising

MULTIMEDIA

ACTIVE
108 RUSSELL STREET N, Madoc, Ontario, K0K 2K0
$1,150,000

Property Information:

Attention INVESTORS! With the newly announced Canada Housing Plan gaining momentum, now is the perfect time to seize this incredible opportunity. This versatile 3-story building is brimming with potential. Utilize one floor for your large business ideal for a medical center, law office, accounting firm, or more while renting out the other floors for additional income. Currently designed with 21 office spaces, each floor is equipped with kitchen or kitchenette facilities and washrooms. But that's just the beginning! This unique property is zoned commercial and has received municipal approval for conversion to residential use, allowing for up to 9 residential units3 units per floor. Not interested in the rental market? No problem! You can register the building as a Condo Corporation and sell each residential unit separately. Plus, with an existing elevator, the property is wheelchair accessible, enhancing its appeal. Explore the opportunities presented by the Canadian government's housing initiatives and get your business plans rolling. This property offers a multitude of possibilities waiting to be unlocked! (id:7525)

Building Features:

  • Style: Office
  • Building Type: Offices
  • Air Conditioning: Yes
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Office
  • Bathrooms: 3
  • Amenities Nearby: Highway
  • Features: Elevator
  • Irregular: Yes
  • Lot Depth: 165.0 Feet
  • Lot Frontage: 103.8 Feet
  • Lot Size: 103.78 x 165.02 FT
  • Zoning: C2

REALTOR.ca  

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Market Price Trends

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Location of 108 RUSSELL STREET N, Madoc, Ontario, K0K 2K0

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

32 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 108 RUSSELL STREET N , experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
30.9℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
32

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

62/100

Moderate-High

ClimateCheck®

Current data

This property, 108 RUSSELL STREET N , experiences 11 significant 2-day storms per year, with about 307.4mm 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 391.6mm of precipitation per year.

Precipitation Per Storm

Past
307.4mm
2050
391.6mm

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 108 RUSSELL STREET N, Madoc, Ontario, K0K 2K0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,113.54

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.8 %

High school certificate or equivalent

31.36 %

Apprenticeship trade certificate/diploma

10.1 %

College/non-university certificate

24.92 %

University Degree

9.82 %

Commuter

Travel To Work

By Car

94.7 %

By Public Transit

0.0 %

By Walking

3.53 %

By Bicycle

0.0 %

By Other Methods

1.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.91 %

Houses

72.09 %

Own Vs. Rent

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