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504 Andrew Street, Shelburne, ON, L9V 2Z1

MLS® # X12061424
Commercial For Sale In Shelburne, Ontario
$1,724,900
504 Andrew Street, Shelburne, ON
504 Andrew Street, Shelburne, ON
504 Andrew Street, Shelburne, ON
504 Andrew Street, Shelburne, ON
504 Andrew Street, Shelburne, ON
504 Andrew Street, Shelburne, ON
504 Andrew Street, Shelburne, ON, L9V 2Z1
$1,724,900

Property Information:

An outstanding investment opportunity for a solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. Quality brick exterior, the building sits on a spacious 60 ft. x 150 ft. lot. Each unit features open concept kitchen, dining & living area with breakfast counters, 2 bedrooms, a full 4 piece bathroom and ensuite laundry. Each unit was refreshed with neutral decor in 2023/2024, quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity offers great income and cap rate, with the opportunity to add two new tenants or owner occupy a unit after April 30th. See attached income/expense information.

Inclusions: 4 refrigerators, 4 stoves, 4 sets of washer/dryer, 4 hot water heaters

Property Features:

  • Bathrooms: 4
  • Annual Tax Amount: $4,385
  • Approximate Age: 31-50
  • Business Type: Apts - 2 To 5 Units
  • Cooling: Yes
  • Garage Type: None
  • Heat Type: Baseboard
  • Lot Depth: 150 Feet
  • Lot Frontage: 60 Feet
  • Property Use: Apartment
  • Utilities: Yes
  • Water: Municipal

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 504 Andrew Street, Shelburne, ON, L9V 2Z1

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

46/100

Moderate

ClimateCheck®

Current data

This property, 504 Andrew Street , experiences 7 hot days per year at around 29.3 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 32.9 degrees Celsius.

Projected Avg. Temperature

Past
29.3℃
2050
32.9℃

# 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

62/100

Moderate-High

ClimateCheck®

Current data

This property, 504 Andrew Street , experiences 11 significant 2-day storms per year, with about 307.7mm 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 382.4mm of precipitation per year.

Precipitation Per Storm

Past
307.7mm
2050
382.4mm

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 504 Andrew Street, Shelburne, ON, L9V 2Z1

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$112,704.30

Average Number of Children

1.82

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.94 %

High school certificate or equivalent

36.24 %

Apprenticeship trade certificate/diploma

7.81 %

College/non-university certificate

21.86 %

University certificate (below bachelor)

0.65 %

University Degree

11.5 %

Commuter

Travel To Work

By Car

92.9 %

By Public Transit

0.0 %

By Walking

5.7 %

By Bicycle

0.0 %

By Other Methods

1.4 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.9 %

Houses

84.1 %

Own Vs. Rent