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740 Yonge Street, Midland, ON, L4R 2E5

MLS® # 40619328
Commercial For Sale In Midland, Ontario
$649,900
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
740 Yonge Street, Midland, ON
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ACTIVE
740 Yonge Street, Midland, ON, L4R 2E5
$649,900

Property Information:

Welcome to 740 Yonge Street in Midland. This Residential Commercial Mix building zoned Highway Commercial presenting many opportunities for a savvy investor. This property is attractive for a home based or small business with the convenience of having your living expenses reduced by creating a home above your business. A fabulous opportunity for a hands off investor by generating income from the existing tenant and utilizing the residential space in the upper residential unit to tap into greater revenue. This location offers plenty of parking spaces and is a corner lot on a main road in Midland offering great exposure.

Exclusions : Tenants Chattels And Fixtures

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Partial
  • Lot Features: High Traffic Area, Hospital, Public Transit, Schools, Visual Exposure
  • Lot Frontage: 50.00 Feet
  • Road Frontage Type: Year Round Road
  • Water Source: Municipal
  • Zoning: HC
  • Sewer: Sewer (Municipal)

Courtesy of: Century 21 B.J. Roth Realty Ltd. Brokerage (Midland)

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Location of 740 Yonge Street, Midland, ON, L4R 2E5

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

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

45/100

High

ClimateCheck®

Current data

This property, 740 Yonge Street , 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 31 hot days at 33.8 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
33.8℃

# Hot Days Per Year

Past
7
2050
31

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:

14 storms expected in 2050

65/100

ClimateCheck®

Current data

This property, 740 Yonge Street , experiences 11 significant 2-day storms per year, with about 319.4mm 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 406mm of precipitation per year.

Precipitation Per Storm

Past
319.4mm
2050
406mm

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 740 Yonge Street, Midland, ON, L4R 2E5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$104,885.53

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.27 %

High school certificate or equivalent

31.32 %

Apprenticeship trade certificate/diploma

6.39 %

College/non-university certificate

29.58 %

University certificate (below bachelor)

1.75 %

University Degree

15.7 %

Commuter

Travel To Work

By Car

87.72 %

By Public Transit

0.0 %

By Walking

6.71 %

By Bicycle

0.0 %

By Other Methods

5.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.51 %

Houses

81.49 %

Own Vs. Rent