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55 FATHER COSTELLO DRIVE, Timmins (Main area), Ontario, P0N 1H0

MLS® # T9293104
Investment For Sale In Timmins (Main area), Ontario
$840,000
55 Father Costello Drive, Timmins (Main Area), ON - Outdoor
55 Father Costello Drive, Timmins (Main Area), ON - Outdoor
55 Father Costello Drive, Timmins (Main Area), ON - Outdoor
55 Father Costello Drive, Timmins (Main Area), ON - Outdoor With Exterior
55 Father Costello Drive, Timmins (Main Area), ON - Outdoor With Exterior
55 Father Costello Drive, Timmins (Main Area), ON - Outdoor
55 Father Costello Drive, Timmins (Main Area), ON  - Outdoor
55 Father Costello Drive, Timmins (Main Area), ON  - Outdoor
55 Father Costello Drive, Timmins (Main Area), ON  - Outdoor
55 Father Costello Drive, Timmins (Main Area), ON  - Outdoor With Exterior
55 Father Costello Drive, Timmins (Main Area), ON - Outdoor With Exterior
55 Father Costello Drive, Timmins (Main Area), ON - Outdoor
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55 FATHER COSTELLO DRIVE, Timmins (Main area), Ontario, P0N 1H0
$840,000

Property Information:

Prime investment opportunity in this fully tenanted 10-unit income property! Refreshed common areas, featuring modern flooring and paint, create a welcoming ambiance. Recently installed, two new boilers, updated electrical system, and upgraded hot water tanks to ensure reliable operation and efficiency throughout, our units have undergone comprehensive renovations. The property also features a large basement area, offering significant potential for additional income through paid storage options for tenants. With a stable rental income and promising prospects for supplementary revenue streams, this property stands as a lucrative asset. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Foundation Type: Unknown
  • Heating Type: Other

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 115.4 Feet
  • Lot Frontage: 38.6 Feet
  • Lot Size: 38.6 x 115.43 FT
  • Zoning: EA-CG
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 4

Courtesy of: EXP REALTY OF CANADA INC.

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Location of 55 FATHER COSTELLO DRIVE, Timmins (Main area), Ontario, P0N 1H0

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

25 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

25 hot days expected in 2050

39/100

Moderate-Low

ClimateCheck®

Current data

This property, 55 FATHER COSTELLO DRIVE , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 25 hot days at 33.5 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
33.5℃

# Hot Days Per Year

Past
7
2050
25

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

53/100

Moderate

ClimateCheck®

Current data

This property, 55 FATHER COSTELLO DRIVE , experiences 11 significant 2-day storms per year, with about 284.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 352.7mm of precipitation per year.

Precipitation Per Storm

Past
284.1mm
2050
352.7mm

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 55 FATHER COSTELLO DRIVE, Timmins (Main area), Ontario, P0N 1H0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$90,112.77

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.36 %

High school certificate or equivalent

35.62 %

Apprenticeship trade certificate/diploma

12.97 %

College/non-university certificate

23.58 %

University certificate (below bachelor)

0.03 %

University Degree

2.44 %

Commuter

Travel To Work

By Car

77.8 %

By Public Transit

15.04 %

By Walking

0.16 %

By Bicycle

0.0 %

By Other Methods

7.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.91 %

Houses

74.09 %

Own Vs. Rent