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

MLS® # 40684945
Investment For Sale In Madoc, Ontario
$1,150,000
View of property - 108 Russell Street N, Madoc, ON - Outdoor
View of building exterior featuring central AC unit - 108 Russell Street N, Madoc, ON - Outdoor With Facade
Doorway to property featuring french doors - 108 Russell Street N, Madoc, ON - Outdoor
Doorway to outside featuring hardwood / wood-style floors, french doors, and ornamental molding - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Kitchen with white cabinetry, dishwasher, light hardwood / wood-style floors, and sink - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Kitchen
Kitchen featuring white cabinetry, sink, white dishwasher, and wood-type flooring - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Kitchen
108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Spare room featuring dark carpet and crown molding - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Bathroom with lofted ceiling, sink, toilet, tile walls, and wood-type flooring - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Bathroom
Bathroom featuring hardwood / wood-style flooring, vanity, and toilet - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Bathroom
Unfurnished bedroom featuring connected bathroom and dark carpet - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Bathroom with vanity and toilet - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Bathroom
Unfurnished office featuring dark colored carpet and a textured ceiling - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Unfurnished room with dark carpet - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Kitchen with light tile patterned flooring, sink, and light brown cabinets - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Kitchen With Double Sink
Kitchen featuring light brown cabinetry, sink, and light tile patterned floors - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Kitchen With Double Sink
View of carpeted empty room - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Basement with dark carpet - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
View of carpeted empty room - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Bathroom with vanity and toilet - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Bathroom
Unfurnished office featuring light carpet - 108 Russell Street N, Madoc, ON - Indoor
Kitchen featuring white cabinetry and sink - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
View of property's community featuring mail boxes - 108 Russell Street N, Madoc, ON -  With Exterior
View of doorway to property - 108 Russell Street N, Madoc, ON - Outdoor With Exterior
View of property - 108 Russell Street N, Madoc, ON  - Outdoor
View of building exterior featuring central AC unit - 108 Russell Street N, Madoc, ON  - Outdoor With Facade
Doorway to property featuring french doors - 108 Russell Street N, Madoc, ON  - Outdoor
Doorway to outside featuring hardwood / wood-style floors, french doors, and ornamental molding - 108 Russell Street N, Madoc, ON  - Indoor Photo Showing Other Room
Kitchen with white cabinetry, dishwasher, light hardwood / wood-style floors, and sink - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Kitchen
Kitchen featuring white cabinetry, sink, white dishwasher, and wood-type flooring - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Kitchen
108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Spare room featuring dark carpet and crown molding - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Bathroom with lofted ceiling, sink, toilet, tile walls, and wood-type flooring - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Bathroom
Bathroom featuring hardwood / wood-style flooring, vanity, and toilet - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Bathroom
Unfurnished bedroom featuring connected bathroom and dark carpet - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Bathroom with vanity and toilet - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Bathroom
Unfurnished office featuring dark colored carpet and a textured ceiling - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Unfurnished room with dark carpet - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Kitchen with light tile patterned flooring, sink, and light brown cabinets - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Kitchen With Double Sink
Kitchen featuring light brown cabinetry, sink, and light tile patterned floors - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Kitchen With Double Sink
View of carpeted empty room - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Basement with dark carpet - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
View of carpeted empty room - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
Bathroom with vanity and toilet - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Bathroom
Unfurnished office featuring light carpet - 108 Russell Street N, Madoc, ON - Indoor
Kitchen featuring white cabinetry and sink - 108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
108 Russell Street N, Madoc, ON - Indoor Photo Showing Other Room
View of property's community featuring mail boxes - 108 Russell Street N, Madoc, ON -  With Exterior
View of doorway to property - 108 Russell Street N, Madoc, ON - Outdoor With Exterior
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108 RUSSELL Street N, Madoc, Ontario, K0K 2K0
$1,150,000

Property Information:

Calling all INVESTORS, and just in time as the newly announced Canada Housing Plan starts to kick off! This3 Story building has loads of investment potential, use it as office space for your large business on one floor and rent the other floors or keep it all for yourself! (Medical Centre, Law Offices, Accounting Firms etc..,) Currently laid out with 21 office spaces in total, each floor offers a kitchen/kitchenette and washrooms. But that's not all, this unique property can also be converted to residential use!! Currently zoned Residential (R4 6H); and has also been approved by the Municipality to be rezoned to develop up to a maximum of 9 residential units, 3 units per each floor! Not interested in the rental property industry..? No problem, register the building as a Condo Corporation and sell each residential unit separately, With an elevator already existing, it makes this property wheelchair accessible. Be sure to check in with google, to read about all the opportunities with our Canadian Governments Housing Plans! Get your business plans and ideas rolling, multitudes of opportunities with this property! (id:7525)

Building Features:

  • Style: Multiplex
  • Basement Development: Unfinished
  • Basement Type: Crawl space
  • Exterior Finish: Brick
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Road access
  • Amenities Nearby: Park, Playground, Schools, Shopping
  • Community Features: High Traffic Area, Community Centre, School Bus
  • Lot Depth: 165.0 Feet
  • Lot Frontage: 104.0 Feet
  • Zoning: R4 6H
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 9

REALTOR.ca  

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.

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