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111-121 MAY STREET S, Thunder Bay, Ontario, P7E 1A9

MLS® # X9037231
Investment For Sale In McKellar Park, Thunder Bay, Ontario
$1,200,000
111-121 May Street S, Thunder Bay, ON -
111-121 May Street S, Thunder Bay, ON - Outdoor
111-121 May Street S, Thunder Bay, ON - Outdoor
111-121 May Street S, Thunder Bay, ON - Outdoor
111-121 May Street S, Thunder Bay, ON - Outdoor
111-121 May Street S, Thunder Bay, ON - Indoor
111-121 May Street S, Thunder Bay, ON  -
111-121 May Street S, Thunder Bay, ON  - Outdoor
111-121 May Street S, Thunder Bay, ON  - Outdoor
111-121 May Street S, Thunder Bay, ON  - Outdoor
111-121 May Street S, Thunder Bay, ON - Outdoor
111-121 May Street S, Thunder Bay, ON - Indoor
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111-121 MAY STREET S, Thunder Bay, Ontario, P7E 1A9
$1,200,000

Property Information:

*Attention Investors* Cap Rate* Turn Key* 22 Rental Until-Good Mix of Commercial/Residential - 15 Residential Units + 7 Commercial Units - Income Property Generating Excellent Net Operating Income. Two Buildings, Solar Panels + Parking Lot Included. List of Upgrades. 400 Amp-2007, Electric-2014, 3 Furnaces + Boilers-2015-2006, Windows 2008, Roof 2005, Fire Alarm 2012, Back Flow Preventor 2015, Professional Property Management in Place. **** EXTRAS **** *Attention Investors* Cap Rate* - Professionally Managed. Rare find building with parking lot. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Heating Type: Hot water radiator heat
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 126.0 Feet
  • Lot Size: 126 x 100 FT
  • Zoning: C5 Central Business

Courtesy of: IPRO REALTY LTD

REALTOR.ca  

Location of 111-121 MAY STREET S, Thunder Bay, Ontario, P7E 1A9

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

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

12 storms expected in 2050

Projected Heat Risk: High

29 hot days expected in 2050

47/100

High

ClimateCheck®

Current data

This property, 111-121 MAY STREET S , experiences 7 hot days per year at around 31.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.4 degrees Celsius.

Projected Avg. Temperature

Past
31.9℃
2050
35.4℃

# Hot Days Per Year

Past
7
2050
29

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: High

12 storms expected in 2050

40/100

High

ClimateCheck®

Current data

This property, 111-121 MAY STREET S , experiences 10 significant 2-day storms per year, with about 272mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 313mm of precipitation per year.

Precipitation Per Storm

Past
272mm
2050
313mm

48-Hour Storms Per Year

Past
10
2050
12

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 111-121 MAY STREET S, Thunder Bay, Ontario, P7E 1A9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,865.22

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.51 %

High school certificate or equivalent

33.45 %

Apprenticeship trade certificate/diploma

5.96 %

College/non-university certificate

24.77 %

University certificate (below bachelor)

0.2 %

University Degree

13.11 %

Commuter

Travel To Work

By Car

73.15 %

By Public Transit

9.15 %

By Walking

15.58 %

By Bicycle

1.56 %

By Other Methods

0.56 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.11 %

Houses

36.89 %

Own Vs. Rent