295-297 North River Road, North River, NL, A0A 3C0 - house for sale | Listing ID 1266287

House For Sale In North River, Newfoundland and Labrador

$1,399,900 QuickQuote^TM: Not Available

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295-297 North River Road, North River, NL - Outdoor With View

295-297 North River Road, North River, NL - Indoor Photo Showing Other Room

295-297 North River Road, North River, NL - Indoor Photo Showing Kitchen With Double Sink

295-297 North River Road, North River, NL - Indoor Photo Showing Kitchen

295-297 North River Road, North River, NL - Indoor Photo Showing Bathroom

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295-297 North River Road, North River, Newfoundland & Labrador, A0A 3C0

$1,399,900

Property Information:

5.68 acre property has two newer 5 plex units (10 doors total; one set is 12 years old and one set is 5 years) New rents will be $950/mo POU. There is also municipal approval in principle for a single building lot on the road PLUS two more 5 plex units for a potential total of 20 rentals plus an owner-occupied (or perhaps another rental) house along the road. Two very unique features of this property are: 1) It backs onto North River which is a scheduled salmon river (Zone 7, Class 2), and 2) The current owners have been approved for a $600,000 forgivable loan to assist with the construction of the next 10 units which is transferrable to qualified buyers. Some conditions apply but this program is not expected to make such funding available again for several years, or longer (it has been 10 years since the last round of this financing). A great Cash-rich opportunity for further development. We have the Survey, RPR, and the keys. Viewings on pre-arranged appointment. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Architectural Style: Bungalow
Exterior Finish: Vinyl siding
Floor Space: 8360 Square Feet
Flooring Type: Laminate, Other
Foundation Type: Concrete Slab
Heating Type: Baseboard heaters
Heating Fuel: Electric
Appliances: Refrigerator, Stove

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Built in: 2011
Floor Space (approx): 8360.00 Square Feet
Zoning: Mixed
Sewer: Septic tank

Courtesy of: RE/MAX Realty Specialists

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Location of 295-297 North River Road, North River, Newfoundland & Labrador, A0A 3C0

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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: Relatively Low

27 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: Relatively Low

27 hot days expected in 2050

14/100

Relatively Low

ClimateCheck®

Current data

This property, 295-297 North River Road , experiences 7 hot days per year at around 24.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 27.1 degrees Celsius.

Projected Avg. Temperature

Past

24.6℃

2050

27.1℃

# 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 Storm Risk:

14 storms expected in 2050

78/100

ClimateCheck®

Current data

This property, 295-297 North River Road , experiences 11 significant 2-day storms per year, with about 393.9mm 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 508.6mm of precipitation per year.

Precipitation Per Storm

Past

393.9mm

2050

508.6mm

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 295-297 North River Road, North River, Newfoundland & Labrador, A0A 3C0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$104,553.16

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.57 %

High school certificate or equivalent

29.55 %

Apprenticeship trade certificate/diploma

13.35 %

College/non-university certificate

26.38 %

University Degree

10.15 %

Commuter

Travel To Work

By Car

95.1 %

By Public Transit

0.0 %

By Walking

0.17 %

By Bicycle

0.0 %

By Other Methods

4.73 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.07 %

Houses

99.93 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 295-297 North River Road, North River, Newfoundland & Labrador, A0A 3C0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 295-297 North River Road, North River, Newfoundland & Labrador, A0A 3C0

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

295-297 North River Road, North River, Newfoundland & Labrador, A0A 3C0

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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