119 THOMPSON Lane, Southampton, Ontario, N0H 2L0

MLS® # 40656966

Investment For Sale In Southampton, Ontario

$1,299,000

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119 Thompson Lane, Southampton, ON - Outdoor With View

119 Thompson Lane, Southampton, ON - Outdoor

Coloured property boundary is approximate and is for reference only. Survey available. - 119 Thompson Lane, Southampton, ON - Outdoor With View

Self contained cottage. - 119 Thompson Lane, Southampton, ON - Outdoor

Self contained cottage. - 119 Thompson Lane, Southampton, ON - Outdoor With Exterior

Laundry. - 119 Thompson Lane, Southampton, ON - Outdoor With Exterior

119 Thompson Lane, Southampton, ON - Indoor Photo Showing Laundry Room

Completely renovated 4 years ago. - 119 Thompson Lane, Southampton, ON - Outdoor

Seller provided Photo. All new 4 years ago. - 119 Thompson Lane, Southampton, ON - Indoor Photo Showing Kitchen

Seller provided Photo. All new 4 years ago. - 119 Thompson Lane, Southampton, ON - Indoor Photo Showing Bathroom

Seller provided Photo. All new 4 years ago. - 119 Thompson Lane, Southampton, ON - Indoor Photo Showing Other Room

Seller provided Photo. All new 4 years ago. - 119 Thompson Lane, Southampton, ON - Indoor

119 Thompson Lane, Southampton, ON - Other

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119 THOMPSON Lane, Southampton, Ontario, N0H 2L0

$1,299,000

Property Information:

Nestled in the heart of charming Southampton, this exceptional five-cottage court presents a rare investment opportunity. The property boasts a recently renovated home and four two bedroom, virtually all-new cottages, all built within the last five years. Each residence features a new poured concrete foundation with a four-foot crawlspace, ensuring durability and peace of mind. Every cottage is equipped with natural gas forced air heat and central air conditioning, providing optimal climate control and energy efficiency. Additionally, each unit has its own on-demand gas water heater. (Technically speaking: IBC SFC 199 SUPERFLO combo Boilers. IBC AHU 800 air handlers. Continental CT13 air-conditioners).The property also features a spacious, paved parking lot and a convenient laundry building with two stackable gas washers and dryers (Whirlpool- WGT4027HW). This low-maintenance property is perfect for investors seeking hassle-free management operated offsite, and its existing, reliable, long term tenants ensure steady rental income. The tranquil atmosphere and ideal location make it a desirable place to live, with Southampton's vibrant downtown core and stunning main beach just a stone's throw away. If you're seeking a long-term investment property with unparalleled potential, look no further. This cottage court offers a unique combination of modern comforts, prime location, and lucrative returns. Don't miss this exceptional opportunity! Be sure to click on the MULTIMEDIA or VIRTUAL TOUR BUTTON below! (id:27)

Building Features:

Style: Multiplex
Basement Development: Unfinished
Basement Type: Crawl space
Construction Material: Wood frame
Exterior Finish: Wood
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 10
Access Type: Water access
Amenities Nearby: Shopping
Community Features: Quiet Area
Features: Paved driveway
Lot Frontage: 119.0 Feet
Structure Type: Porch
Zoning: R1-3
Sewer: Municipal sewage system
No. of Parking Spaces: 8

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Notes:

Larry Leonard

Broker Royal LePage D.C. Johnston Realty , Brokerage*

Mobile:519.386.1910

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Douglas Johnston

Broker of Record Royal LePage D.C. Johnston Realty , Brokerage*

Mobile:519.386.7734

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Location of 119 THOMPSON Lane, Southampton, Ontario, N0H 2L0

Lifestyle
Neighbourhood

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

15 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

42/100

Moderate

ClimateCheck®

Current data

This property, 119 THOMPSON Lane , experiences 7 hot days per year at around 29.4 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 32.9 degrees Celsius.

Projected Avg. Temperature

Past

29.4℃

2050

32.9℃

# Hot Days Per Year

Past

2050

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

15 storms expected in 2050

69/100

Moderate-High

ClimateCheck®

Current data

This property, 119 THOMPSON Lane , experiences 12 significant 2-day storms per year, with about 322.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 414.2mm of precipitation per year.

Precipitation Per Storm

Past

322.8mm

2050

414.2mm

48-Hour Storms Per Year

Past

2050

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 119 THOMPSON Lane, Southampton, Ontario, N0H 2L0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$106,868.85

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.85 %

High school certificate or equivalent

23.27 %

Apprenticeship trade certificate/diploma

10.25 %

College/non-university certificate

31.62 %

University certificate (below bachelor)

2.43 %

University Degree

21.58 %

Commuter

Travel To Work

By Car

90.2 %

By Public Transit

0.0 %

By Walking

9.76 %

By Bicycle

0.04 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.67 %

Houses

70.33 %

Own Vs. Rent

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119 THOMPSON Lane, Southampton, Ontario, N0H 2L0 $1,299,000 MLS® # 40656966

Property Information:

Building Features:

Property Features:

Location of 119 THOMPSON Lane, Southampton, Ontario, N0H 2L0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 119 THOMPSON Lane, Southampton, Ontario, N0H 2L0

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

119 THOMPSON Lane, Southampton, Ontario, N0H 2L0

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