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554 LAKESHORE ROAD, Temiskaming Shores, Ontario, P0J 1P0

MLS® # X8071762
Investment For Sale In Temiskaming Shores, Ontario
$599,000
554 Lakeshore Road, Temiskaming Shores, ON - Outdoor
554 Lakeshore Road, Temiskaming Shores, ON - Outdoor
554 Lakeshore Road, Temiskaming Shores, ON - Photo Showing Other Room
554 Lakeshore Road, Temiskaming Shores, ON - Outdoor
554 Lakeshore Road, Temiskaming Shores, ON - Outdoor
554 Lakeshore Road, Temiskaming Shores, ON - Outdoor
554 Lakeshore Road, Temiskaming Shores, ON - Photo Showing Other Room
554 Lakeshore Road, Temiskaming Shores, ON - Outdoor
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Home Insurance - TD Insurance
Get a home insurance quote online for this $599,000 property in Temiskaming Shores
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $599,000 property in Temiskaming Shores

Provided by TD Insurance
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554 LAKESHORE ROAD, Temiskaming Shores, Ontario, P0J 1P0
$599,000

Property Information:

Welcome to this exceptional residential property boasting six self-contained units, each equipped with six appliances including a Fridge, Stove, Washer, and Dryer. The rental terms are all-inclusive, covering both heat and hydro for added convenience. The property features two efficient natural gas forced air furnaces and three hot water tanks to ensure optimal comfort. Currently, all apartments are occupied, except for the spacious three-bedroom unit, which is currently utilized as an AirBnB, generating revenue at a rate of $250 per night, when in use. This presents a lucrative opportunity for potential buyers seeking both immediate rental income and the potential for continued short-term rental success. Don't miss out on the chance to own this income-generating residential property with a mix of long-term and short-term rental possibilities. **** EXTRAS **** Annual Expenses: Heating is $3,840, Water is $6,066, Hydro is $9,000 and Insurance is $4200. Property taxes include the cost of water/sewer ($6,066) and the total cost is $10,021. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Exterior Finish: Brick, Vinyl siding
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Appliances: Dryer, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 6
  • Amenities Nearby:
  • Irregular: Yes
  • Lot Depth: 108.0 Feet
  • Lot Frontage: 107.3 Feet
  • Lot Size: 107.4 x 108 FT ; 88.88 ft x99.69 ft x127.59 ft x106.92 ft
  • Surface Water:
  • Utility Type: Cable - Available
  • Zoning: C, R
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 12

Rooms:

  • Bedroom 2nd Level Measurements not available
  • 3rd Bedroom 2nd Level Measurements not available
  • Bedroom Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • 2nd Bedroom Main Level Measurements not available

Courtesy of: THE AGENCY

REALTOR.ca  

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Location of 554 LAKESHORE ROAD, Temiskaming Shores, Ontario, P0J 1P0

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-Low

27 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

39/100

Moderate-Low

ClimateCheck®

Current data

This property, 554 LAKESHORE ROAD , experiences 7 hot days per year at around 30 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 33.2 degrees Celsius.

Projected Avg. Temperature

Past
30℃
2050
33.2℃

# Hot Days Per Year

Past
7
2050
27

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

56/100

Moderate

ClimateCheck®

Current data

This property, 554 LAKESHORE ROAD , experiences 11 significant 2-day storms per year, with about 290.8mm 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 356.6mm of precipitation per year.

Precipitation Per Storm

Past
290.8mm
2050
356.6mm

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 554 LAKESHORE ROAD, Temiskaming Shores, Ontario, P0J 1P0

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$136,612.76

Average Number of Children

1.78

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.55 %

High school certificate or equivalent

25.36 %

Apprenticeship trade certificate/diploma

10.05 %

College/non-university certificate

28.48 %

University certificate (below bachelor)

1.98 %

University Degree

19.57 %

Commuter

Travel To Work

By Car

87.73 %

By Public Transit

0.0 %

By Walking

4.14 %

By Bicycle

0.0 %

By Other Methods

8.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

3.74 %

Houses

96.26 %

Own Vs. Rent

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