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169 MAURICE DRIVE, Oakville, Ontario, L6K 2W8

MLS® # W10432966
new listing
Investment For Sale In Central Oakville, Oakville, Ontario
$3,690,000
169 Maurice Drive, Oakville, ON
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169 MAURICE DRIVE, Oakville, Ontario, L6K 2W8
$3,690,000

Property Information:

This well-maintained 11-unit apartment building presents a prime investment opportunity, featuring a balanced mix of 7 two-bedroom units and 4 one-bedroom units, catering to a diverse range of tenants. The property has undergone significant upgrades, including a new roof and windows installed in 2013, ensuring long-term durability and minimizing future maintenance expenses. With a variety of unit sizes, the building offers excellent rental potential, appealing to both affordable and mid-range tenants. The properties manageable scale, coupled with recent improvements, provides a low-maintenance investment with strong cash flow prospects in a growing rental market. This is an ideal opportunity for investors seeking a stable, income-generating asset with minimal ongoing operational demands (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dryer, Microwave, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 91.0 Feet
  • Lot Frontage: 116.2 Feet
  • Lot Size: 116.21 x 91.04 FT
  • Zoning: RESIDENTIAL
  • Sewer: Storm sewer
  • No. of Parking Spaces: 12

Courtesy of: HOMELIFE/RESPONSE REALTY INC.

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 169 MAURICE DRIVE, Oakville, Ontario, L6K 2W8

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

28 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate

28 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 169 MAURICE DRIVE , experiences 7 hot days per year at around 31.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 35.4 degrees Celsius.

Projected Avg. Temperature

Past
31.9℃
2050
35.4℃

# Hot Days Per Year

Past
7
2050
28

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

14 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 169 MAURICE DRIVE , experiences 11 significant 2-day storms per year, with about 299mm 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 374.3mm of precipitation per year.

Precipitation Per Storm

Past
299mm
2050
374.3mm

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 169 MAURICE DRIVE, Oakville, Ontario, L6K 2W8

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$251,366.74

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.36 %

High school certificate or equivalent

26.77 %

Apprenticeship trade certificate/diploma

3.06 %

College/non-university certificate

19.29 %

University certificate (below bachelor)

3.32 %

University Degree

36.2 %

Commuter

Travel To Work

By Car

75.56 %

By Public Transit

4.91 %

By Walking

6.93 %

By Bicycle

2.31 %

By Other Methods

10.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.25 %

Houses

68.75 %

Own Vs. Rent

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