510 Valois Drive, Mattawa, ON, P0H 1V0 - investment for sale | Listing ID 40603811

510 VALOIS Drive, Mattawa, Ontario, P0H 1V0

MLS® # 40603811

Investment For Sale In Mattawa, Ontario

$1,100,000

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510 Valois Drive, Mattawa, ON - Outdoor With View

510 Valois Drive, Mattawa, ON - Indoor Photo Showing Other Room

510 Valois Drive, Mattawa, ON - Indoor Photo Showing Kitchen With Double Sink

510 Valois Drive, Mattawa, ON - Indoor Photo Showing Bathroom

510 Valois Drive, Mattawa, ON - Indoor Photo Showing Kitchen

510 Valois Drive, Mattawa, ON - Indoor Photo Showing Bedroom

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510 VALOIS Drive, Mattawa, Ontario, P0H 1V0

$1,100,000

Property Information:

Want a cash flowing property that meets the 1% rule with room to lift value further? What will the property cash flow produce as interest rates decline? Seller also willing to hold a second VTB mortgage to cover your down payment. This building currently has 8 units and is zoned for 10 residential apartments. There is current space enough to build 2 more 1 bedroom apartments inside the existing unused space. Unit 4 is also under rented for additional lift. Most units have been upgraded to some degree and have great tenants in place. Weeping tile done on north and east side in 2023 resolving water penetration, original building has rock foundation and the addition built in approx 1987. Double garage with a large shed like structure attached to it at the rear of the property. Rents are all inclusive but each unit has its own hydro panel in the unit. 2 furnaces, 2 AC, 2 hot water on demand rental units, shingles in great shape but age unknown and right beside new OPP station. Beer store, downtown, food and LCBO within walking range and bonus Mattawa river within a couple blocks of the building also. (id:27)

Building Features:

Style: Multiplex
Basement Development: Partially finished
Basement Type: Partial
Exterior Finish: Vinyl siding
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 15
Bathrooms: 8
Access Type: Road access, Highway access
Amenities Nearby: Hospital, Schools, Shopping
Community Features: School Bus
Features: Visual exposure, Crushed stone driveway, Laundry- Coin operated
Lot Depth: 159.0 Feet
Lot Frontage: 132.0 Feet
Structure Type: Shed, Porch
Zoning: Residential Type 2 (R2-26)
Sewer: Municipal sewage system
Parking Type: Detached garage
No. of Parking Spaces: 20

Courtesy of: REALTY EXECUTIVES Local Group Inc. Brokerage

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Market Price Trends

Location of 510 VALOIS Drive, Mattawa, Ontario, P0H 1V0

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-High

14 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

44/100

Moderate

ClimateCheck®

Current data

This property, 510 VALOIS Drive , experiences 7 hot days per year at around 30.2 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 33.6 degrees Celsius.

Projected Avg. Temperature

Past

30.2℃

2050

33.6℃

# 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-High

14 storms expected in 2050

65/100

Moderate-High

ClimateCheck®

Current data

This property, 510 VALOIS Drive , 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 390.5mm of precipitation per year.

Precipitation Per Storm

Past

307.4mm

2050

390.5mm

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 510 VALOIS Drive, Mattawa, Ontario, P0H 1V0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$91,944.12

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.41 %

High school certificate or equivalent

34.34 %

Apprenticeship trade certificate/diploma

3.96 %

College/non-university certificate

24.79 %

University Degree

5.5 %

Commuter

Travel To Work

By Car

72.93 %

By Public Transit

3.34 %

By Walking

15.93 %

By Bicycle

0.0 %

By Other Methods

7.8 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.9 %

Houses

73.1 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 510 VALOIS Drive, Mattawa, Ontario, P0H 1V0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 510 VALOIS Drive, Mattawa, Ontario, P0H 1V0

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

510 VALOIS Drive, Mattawa, Ontario, P0H 1V0

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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