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1 Rowat and 825 Lorne Street, Sudbury, Ontario, P3C 3J8

MLS® # 2121687
Commercial For Sale In Sudbury, Ontario
$749,000
1 Rowat And 825 Lorne Street, Sudbury, ON
1 Rowat And 825 Lorne Street, Sudbury, ON
1 Rowat And 825 Lorne Street, Sudbury, ON
1 Rowat And 825 Lorne Street, Sudbury, ON
1 Rowat And 825 Lorne Street, Sudbury, ON
1 Rowat And 825 Lorne Street, Sudbury, ON
1 Rowat and 825 Lorne Street, Sudbury, Ontario, P3C 3J8
$749,000

Property Information:

The right place for the right Buyer! Very unique property that features two buildings. One building is duplex (825 Lorne) with 2-1 bedroom apartments that are currently intentionally vacant. Nicely kept and renovated over time. Second building (1 Rowat) consists of a little over 6500 square feet that is currently rented out at below market rate to a long term commercial tenant. Unit could be made available with 60 days notice to Tenant so new owner can assume for their own tenancy. Income from apartments estimated to be $3300 (estimated) monthly (all in). 1 Rowat is currently rented out on a month to month basis and offers high ceilings and several overhead rails that can support winches of various capacities. Loading dock can accommodate transfer of inventory directly from transport of inventory directly from transport or 5 ton trucks. At grade door on the west side of the building. Interior has several levels with outside storage at rear. Please note that the property on the west side of the building is city owned to accommodate a possible future laneway. The retaining wall is not shared and belongs to the property on the west side of the building. The entire site offers a nice mix of revenue from the two apartments that could easily assist in financing the entire site while providing a building for the right commercial client. The commercial building grew over time and has been expanded. Please note that these two properties must be sold together. (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Exterior Finish: Aluminum trim, Aluminum siding, Concrete Block, Vinyl
  • Fire Protection: Smoke Detectors
  • Flooring Type: Concrete, Laminate
  • Foundation Type: Block, Poured Concrete
  • Roof Material: Tar & gravel
  • Roof Style: Unknown
  • Heating Type: Forced air, Baseboard heaters

Property Features:

  • OwnershipType: Freehold
  • Property Type: Retail
  • Fence Type: Partially fenced
  • Road Type: Paved road
  • Storage Type: Storage
  • Zoning: Mixed Use
  • Sewer: Municipal sewage system

Courtesy of: RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

REALTOR.ca  

Location of 1 Rowat and 825 Lorne Street, Sudbury, Ontario, P3C 3J8

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

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

43/100

Moderate

ClimateCheck®

Current data

This property, 1 Rowat and 825 Lorne Street , experiences 7 hot days per year at around 29.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 33 degrees Celsius.

Projected Avg. Temperature

Past
29.7℃
2050
33℃

# Hot Days Per Year

Past
7
2050
30

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, 1 Rowat and 825 Lorne Street , experiences 11 significant 2-day storms per year, with about 294.8mm 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 374mm of precipitation per year.

Precipitation Per Storm

Past
294.8mm
2050
374mm

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 1 Rowat and 825 Lorne Street, Sudbury, Ontario, P3C 3J8

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$101,401.36

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.41 %

High school certificate or equivalent

28.45 %

Apprenticeship trade certificate/diploma

5.62 %

College/non-university certificate

29.08 %

University certificate (below bachelor)

0.73 %

University Degree

17.72 %

Commuter

Travel To Work

By Car

85.51 %

By Public Transit

7.84 %

By Walking

3.86 %

By Bicycle

0.0 %

By Other Methods

2.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.19 %

Houses

74.81 %

Own Vs. Rent