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5 ROGERS ROAD, Perth, Ontario, K7H 1N9

MLS® # X11891292
Investment For Sale In Perth, Ontario
$6,500,000
5 Rogers Road, Perth, ON - Outdoor
5 Rogers Road, Perth, ON - Outdoor
5 Rogers Road, Perth, ON - Outdoor
5 Rogers Road, Perth, ON - Outdoor With View
5 Rogers Road, Perth, ON - Outdoor With View
5 Rogers Road, Perth, ON - Outdoor With View
5 Rogers Road, Perth, ON - Outdoor With View
5 Rogers Road, Perth, ON - Outdoor With View
5 Rogers Road, Perth, ON - Outdoor With Exterior
5 Rogers Road, Perth, ON - Indoor Photo Showing Other Room
5 Rogers Road, Perth, ON  - Outdoor
5 Rogers Road, Perth, ON  - Outdoor
5 Rogers Road, Perth, ON  - Outdoor
5 Rogers Road, Perth, ON  - Outdoor With View
5 Rogers Road, Perth, ON - Outdoor With View
5 Rogers Road, Perth, ON - Outdoor With View
5 Rogers Road, Perth, ON - Outdoor With View
5 Rogers Road, Perth, ON - Outdoor With View
5 Rogers Road, Perth, ON - Outdoor With Exterior
5 Rogers Road, Perth, ON - Indoor Photo Showing Other Room
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5 ROGERS ROAD, Perth, Ontario, K7H 1N9
$6,500,000

Property Information:

On the banks of the Tay River, in the charming Town of Perth you will find this incredible multi-family investment opportunity. To say they dont make them like this anymore would be an understatement. Built in 1964 with brick and concrete block construction, this 23 unit low rise apartment building is as solid as they come. This desirable location is on 1.6 waterfront acres in the heart of Perth where shopping, groceries, restaurants and golf are all within walking distance. The building has been well maintained with recent upgrades including windows, generator, roof maintenance and electrical and fire retrofits. The building is made up of 22 2-bedroom apartments and one bachelor, boasting a healthy NOI of $256,636 despite the fact that most units have longer term tenants paying well below market rates. The oversized lot has plenty of green space where residents can enjoy the riverfront views and two ample parking lots with plenty of room for future expansion. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Irregular: Yes
  • Lot Depth: 250.0 Feet
  • Lot Frontage: 294.3 Feet
  • Lot Size: Bldg=294.3 x 250 FT
  • Zoning: R3

REALTOR.ca  

Location of 5 ROGERS ROAD, Perth, Ontario, K7H 1N9

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

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 5 ROGERS ROAD , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.6℃

# Hot Days Per Year

Past
7
2050
33

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

61/100

Moderate-High

ClimateCheck®

Current data

This property, 5 ROGERS ROAD , experiences 11 significant 2-day storms per year, with about 306.8mm 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 387.8mm of precipitation per year.

Precipitation Per Storm

Past
306.8mm
2050
387.8mm

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 5 ROGERS ROAD, Perth, Ontario, K7H 1N9

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$106,738.89

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.23 %

High school certificate or equivalent

30.31 %

Apprenticeship trade certificate/diploma

3.44 %

College/non-university certificate

30.33 %

University certificate (below bachelor)

0.02 %

University Degree

15.66 %

Commuter

Travel To Work

By Car

72.48 %

By Public Transit

0.0 %

By Walking

25.07 %

By Bicycle

2.45 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

49.98 %

Houses

50.02 %

Own Vs. Rent