173 King Street, West Nipissing, ON, P2B 1R6 - investment for sale | Listing ID X9352950

173 KING STREET, West Nipissing, Ontario, P2B 1R6

MLS® # X9352950

Investment For Sale In West Nipissing, Ontario

$750,000

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173 King Street, West Nipissing, ON - Outdoor With Facade

173 King Street, West Nipissing, ON - Outdoor

173 King Street, West Nipissing, ON - Indoor Photo Showing Office

173 King Street, West Nipissing, ON - Indoor Photo Showing Other Room

173 King Street, West Nipissing, ON - Indoor Photo Showing Bathroom

173 King Street, West Nipissing, ON - Indoor

173 King Street, West Nipissing, ON - Indoor Photo Showing Kitchen

173 King Street, West Nipissing, ON - Indoor Photo Showing Living Room

173 King Street, West Nipissing, ON - Indoor Photo Showing Bedroom

173 King Street, West Nipissing, ON - Indoor Photo Showing Garage

173 King Street, West Nipissing, ON - Photo Showing Other Room

173 King Street, West Nipissing, ON - Indoor Photo Showing Basement

173 King Street, West Nipissing, ON - Indoor Photo Showing Laundry Room

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Home Insurance - TD Insurance

Get a home insurance quote online for this $750,000 property in West Nipissing

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Home Insurance - TD Insurance

Get a home insurance quote online for this $750,000 property in West Nipissing

Provided by TD Insurance

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173 KING STREET, West Nipissing, Ontario, P2B 1R6

$750,000

Property Information:

This mixed-use property offers steady cash flow from 2 commercial units and 6 residential apartments, generating over $95,000 in annual income. Unit A: Office cleaning company, lease renewed through July 2025, tenant pays hydro ($898 with HST). Unit B: Accountants office, 5-year lease through May 2027 with 5% annual increases ($934.38 with HST). Residential Units: Includes a 4-bedroom apartment, bachelor units, and more, with a mix of all-inclusive and tenant-paid utilities. With an 8.66% ROI and strong tenancy in place, this property is perfect for investors seeking a reliable income stream. Its an opportunity you don't want to miss! **** EXTRAS **** Some tenants have laundry and others don't. (id:27)

Building Features:

Style: Fourplex
Building Type: Multi-Family
Heating Type: Forced air
Heating Fuel: Natural gas

Property Features:

Property Type: Multi-family
Irregular: Yes
Lot Depth: 65.8 Feet
Lot Frontage: 134.7 Feet
Lot Size: Bldg=134.67 x 65.87 FT ; 134.67 ftx65.87 ftx 34.31 ftx65.87 ft
Zoning: C1
No. of Parking Spaces: 12

Courtesy of: KELLER WILLIAMS REFERRED URBAN REALTY

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Market Price Trends

Location of 173 KING STREET, West Nipissing, Ontario, P2B 1R6

Lifestyle
Neighbourhood

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

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 173 KING STREET , experiences 7 hot days per year at around 29.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 33.2 degrees Celsius.

Projected Avg. Temperature

Past

29.8℃

2050

33.2℃

# Hot Days Per Year

Past

2050

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-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 173 KING STREET , experiences 11 significant 2-day storms per year, with about 312.1mm 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 400mm of precipitation per year.

Precipitation Per Storm

Past

312.1mm

2050

400mm

48-Hour Storms Per Year

Past

2050

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 173 KING STREET, West Nipissing, Ontario, P2B 1R6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$91,685.30

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.76 %

High school certificate or equivalent

28.21 %

Apprenticeship trade certificate/diploma

8.2 %

College/non-university certificate

25.08 %

University certificate (below bachelor)

0.32 %

University Degree

9.42 %

Commuter

Travel To Work

By Car

73.81 %

By Public Transit

0.0 %

By Walking

16.09 %

By Bicycle

2.63 %

By Other Methods

7.47 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

42.12 %

Houses

57.88 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 173 KING STREET, West Nipissing, Ontario, P2B 1R6

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 173 KING STREET, West Nipissing, Ontario, P2B 1R6

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

173 KING STREET, West Nipissing, Ontario, P2B 1R6

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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