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547 Main Street, Montague, PE, C0A 1R0

MLS® # 202427518
Investment For Sale In Montague, Prince Edward Island
$695,000 QuickQuoteTM: Not Available
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
547 Main Street, Montague, PE
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547 Main Street, Montague, PE, C0A 1R0
$695,000

Property Information:

547 Main Street - Seize the Opportunity Today! Are you looking for a stable investment in a prime location? Look no further! This well established 8 unit apartment building offers the perfect blend of cash flow and long term value appreciation, making it a must-have for savvy investors. 547 Main Street boasts 6 large 2-bedroom apartments and 2 large 1-bedroom units making it a reliable income generator that more than justifies the listing price. The highly desired location of this building secures consistent demand from occupants with excellent access to public transportation, hospital, schools, shopping and dining. This low maintenance and well managed property has great tenants in place ensuring a stable and dependable income stream. A solid addition to any investment portfolio. Don't miss out on this chance to invest in this multi-unit gem! All measurements are approximate and should be verified by the purchaser if deemed necessary. Revenue and Expense details to be provided upon request after signing a Non-Disclosure Agreement (NDA). 48 hours notice required for all viewings - Listing agent will be on-site for all appointments as per seller's request.

Property Features:

  • Annual Tax Amount: $4,450
  • Built in: Y
  • Lot Size: 0.16
  • Title to Land: Freehold

Courtesy of: IMPRESS ISLAND REALTY

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 547 Main Street, Montague, PE, C0A 1R0

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

30 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

30 hot days expected in 2050

32/100

Moderate-Low

ClimateCheck®

Current data

This property, 547 Main Street , experiences 7 hot days per year at around 27.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 31 degrees Celsius.

Projected Avg. Temperature

Past
27.9℃
2050
31℃

# Hot Days Per Year

Past
7
2050
30

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

72/100

Moderate-High

ClimateCheck®

Current data

This property, 547 Main Street , experiences 11 significant 2-day storms per year, with about 363.3mm 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 462.7mm of precipitation per year.

Precipitation Per Storm

Past
363.3mm
2050
462.7mm

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 547 Main Street, Montague, PE, C0A 1R0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$76,456.43

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.35 %

High school certificate or equivalent

39.76 %

Apprenticeship trade certificate/diploma

6.68 %

College/non-university certificate

20.6 %

University Degree

9.61 %

Commuter

Travel To Work

By Car

93.07 %

By Public Transit

0.0 %

By Walking

4.23 %

By Bicycle

0.0 %

By Other Methods

2.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.05 %

Houses

79.95 %

Own Vs. Rent