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43 ORMOND STREET S, Thorold, Ontario, L2V 1Y3

MLS® # X8466530
Investment For Sale In Thorold Proper, Thorold, Ontario
$5,999,999
43 Ormond Street S, Thorold, ON - Other
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43 ORMOND STREET S, Thorold, Ontario, L2V 1Y3
$5,999,999

Property Information:

Greetings on this wonderful investment opportunity! This 46-unit complex is a treasure in a great area. With so many newly renovated flats. The property is very enticing to potential tenants because it has modern conveniences including an elevator and on-site laundry facilities. Your tenants' convenience is ensured by the ample parking in the back. Renovated recently, the property's calm rear park view is one of its most notable characteristics and contributes to its overall appeal. This building provides simple accessibility for renters and is conveniently situated close to downtown and a number of shopping options, as well as the 406 and other major roads. Don't miss this fantastic investing chance. This property will be a profitable because of its great location. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Heating Type: Other
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Irregular: Yes
  • Lot Depth: 558.3 Feet
  • Lot Frontage: 44.0 Feet
  • Lot Size: Unit=44 x 558.34 FT
  • Zoning: R4
  • No. of Parking Spaces: 46

Courtesy of: HOMELIFE REAL ESTATE CENTRE INC.

REALTOR.ca  

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Location of 43 ORMOND STREET S, Thorold, Ontario, L2V 1Y3

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

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

56/100

High

ClimateCheck®

Current data

This property, 43 ORMOND STREET S , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.8 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.8℃

# Hot Days Per Year

Past
7
2050
35

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:

13 storms expected in 2050

60/100

ClimateCheck®

Current data

This property, 43 ORMOND STREET S , experiences 11 significant 2-day storms per year, with about 316.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 388.4mm of precipitation per year.

Precipitation Per Storm

Past
316.1mm
2050
388.4mm

48-Hour Storms Per Year

Past
11
2050
13

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 43 ORMOND STREET S, Thorold, Ontario, L2V 1Y3

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$87,230.43

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.89 %

High school certificate or equivalent

32.92 %

Apprenticeship trade certificate/diploma

6.95 %

College/non-university certificate

24.96 %

University Degree

14.28 %

Commuter

Travel To Work

By Car

87.15 %

By Public Transit

4.75 %

By Walking

5.62 %

By Bicycle

0.0 %

By Other Methods

2.48 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

62.91 %

Houses

37.09 %

Own Vs. Rent