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191 CASTOR STREET, Russell, Ontario, K4R 1B8

MLS® # X9515522
Investment For Sale In Russell, Ontario
$1,499,900
191 Castor Street, Russell, ON - Outdoor
191 Castor Street, Russell, ON - Outdoor
191 Castor Street, Russell, ON - Outdoor
191 Castor Street, Russell, ON - Outdoor
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor Photo Showing Office
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor Photo Showing Office
191 Castor Street, Russell, ON - Indoor Photo Showing Bedroom
191 Castor Street, Russell, ON - Indoor Photo Showing Kitchen
191 Castor Street, Russell, ON - Outdoor With Exterior
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor Photo Showing Living Room
191 Castor Street, Russell, ON - Indoor Photo Showing Bedroom
191 Castor Street, Russell, ON - Indoor
191 Castor Street, Russell, ON - Outdoor
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor Photo Showing Kitchen
191 Castor Street, Russell, ON - Indoor Photo Showing Living Room
191 Castor Street, Russell, ON - Indoor Photo Showing Bedroom
191 Castor Street, Russell, ON - Indoor Photo Showing Bedroom
191 Castor Street, Russell, ON - Outdoor With Exterior
191 Castor Street, Russell, ON - Indoor Photo Showing Laundry Room
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor
191 Castor Street, Russell, ON - Outdoor
191 Castor Street, Russell, ON - Outdoor
191 Castor Street, Russell, ON - Outdoor
191 Castor Street, Russell, ON - Outdoor
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor Photo Showing Office
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor Photo Showing Office
191 Castor Street, Russell, ON - Indoor Photo Showing Bedroom
191 Castor Street, Russell, ON - Indoor Photo Showing Kitchen
191 Castor Street, Russell, ON - Outdoor With Exterior
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor Photo Showing Living Room
191 Castor Street, Russell, ON - Indoor Photo Showing Bedroom
191 Castor Street, Russell, ON - Indoor
191 Castor Street, Russell, ON - Outdoor
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor Photo Showing Kitchen
191 Castor Street, Russell, ON - Indoor Photo Showing Living Room
191 Castor Street, Russell, ON - Indoor Photo Showing Bedroom
191 Castor Street, Russell, ON - Indoor Photo Showing Bedroom
191 Castor Street, Russell, ON - Outdoor With Exterior
191 Castor Street, Russell, ON - Indoor Photo Showing Laundry Room
191 Castor Street, Russell, ON - Indoor Photo Showing Other Room
191 Castor Street, Russell, ON - Indoor
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Home Insurance - TD Insurance
Get a home insurance quote online for this $1,499,900 property in Russell
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $1,499,900 property in Russell

Provided by TD Insurance
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ACTIVE
191 CASTOR STREET, Russell, Ontario, K4R 1B8
$1,499,900

Property Information:

Discover an outstanding residential and commercial investment in Russell, boasting a spacious 4800 sqft all brick building with a basement area. Currently, the main floor hosts four leased commercial units, while upstairs features three apartments: two 2-bedroom and one 3-bedroom. The basement includes pay laundry facilities and individual storage lockers for each unit. With a large heat pump boiler system ensuring efficiency, this property offers 26 parking spots and a compelling 5.9% cap rate. Gross Operating Income stands at $122,118 (excluding Commercial HST), with Operating Expenses of $33,401.15, resulting in a Net Operating Income of $88,716.85 (excluding Commercial HST). Commercial AC Units x 4 replaced in 2022. With its prime location and high rental demand, this investment opportunity in Russell is not to be missed. Schedule a viewing today to secure your position in this flourishing market. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Foundation Type: Concrete
  • Heating Type: Heat Pump
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 125.0 Feet
  • Lot Size: Unit=125 x 100 FT ; 0
  • Zoning: 471
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 26

Courtesy of: AVENUE NORTH REALTY INC.

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Location of 191 CASTOR STREET, Russell, Ontario, K4R 1B8

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, 191 CASTOR STREET , 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 34.4 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.4℃

# 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

65/100

Moderate-High

ClimateCheck®

Current data

This property, 191 CASTOR STREET , experiences 11 significant 2-day storms per year, with about 321.5mm 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 413.2mm of precipitation per year.

Precipitation Per Storm

Past
321.5mm
2050
413.2mm

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 191 CASTOR STREET, Russell, Ontario, K4R 1B8

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$138,779.93

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.93 %

High school certificate or equivalent

31.39 %

Apprenticeship trade certificate/diploma

5.36 %

College/non-university certificate

22.93 %

University certificate (below bachelor)

2.17 %

University Degree

23.23 %

Commuter

Travel To Work

By Car

90.68 %

By Public Transit

0.0 %

By Walking

3.82 %

By Bicycle

0.0 %

By Other Methods

5.5 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.24 %

Houses

88.76 %

Own Vs. Rent

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