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283 MAIN STREET N, Alexandria, Ontario, K0C 1A0

MLS® # 1374621
Investment For Sale In Alexandria, Ontario
$769,900
283 Main Street N, Alexandria, ON - Outdoor
283 Main Street N, Alexandria, ON - Outdoor
283 Main Street N, Alexandria, ON - Outdoor
283 Main Street N, Alexandria, ON - Outdoor With View
283 Main Street N, Alexandria, ON - Outdoor With View
283 Main Street N, Alexandria, ON - Outdoor With View
283 Main Street N, Alexandria, ON - Outdoor
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283 Main Street N, Alexandria, ON  - Outdoor
283 Main Street N, Alexandria, ON  - Outdoor
283 Main Street N, Alexandria, ON  - Outdoor
283 Main Street N, Alexandria, ON  - Outdoor With View
283 Main Street N, Alexandria, ON - Outdoor With View
283 Main Street N, Alexandria, ON - Outdoor With View
283 Main Street N, Alexandria, ON - Outdoor
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283 MAIN STREET N, Alexandria, Ontario, K0C 1A0
$769,900

Property Information:

A fantastic opportunity to own an 8-Unit building in Alexandria! Close to the train station and many other amenities within walking distance. This brick building features 8 x 2-bedroom units, as well as a common laundry area in the basement. New two story porch installed in 2021, and several other upgrades in the last 3 years. One year old coin-op washer/dryer included. Gross revenue of over $74,485 and a NOI of $51,297! All units except one are well below market rent. Lots of room for upside! All long term tenants. Put 20-25% down and this property will cash flow from positive from day 1. Grow your investment portfolio today and thank yourself tomorrow! (id:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Brick
  • Foundation Type: Poured Concrete, Stone
  • Heating Type: Hot water radiator heat, Radiant heat
  • Heating Fuel: Natural gas

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1900
  • Irregular: Yes
  • Lot Depth: 120.0 Feet
  • Lot Frontage: 58.0 Feet
  • Lot Size: 58 ft X 120 ft
  • Zoning: General Commercial
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 7

Courtesy of: KELLER WILLIAMS INTEGRITY REALTY

REALTOR.ca  

Location of 283 MAIN STREET N, Alexandria, Ontario, K0C 1A0

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: High

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

51/100

High

ClimateCheck®

Current data

This property, 283 MAIN STREET N , experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.1 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.1℃

# Hot Days Per Year

Past
7
2050
34

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

68/100

ClimateCheck®

Current data

This property, 283 MAIN STREET N , experiences 11 significant 2-day storms per year, with about 335.7mm 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 430.4mm of precipitation per year.

Precipitation Per Storm

Past
335.7mm
2050
430.4mm

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 283 MAIN STREET N, Alexandria, Ontario, K0C 1A0

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,543.02

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.52 %

High school certificate or equivalent

33.77 %

Apprenticeship trade certificate/diploma

10.29 %

College/non-university certificate

17.75 %

University Degree

10.66 %

Commuter

Travel To Work

By Car

76.21 %

By Public Transit

0.0 %

By Walking

19.63 %

By Bicycle

0.0 %

By Other Methods

4.16 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.14 %

Houses

86.86 %

Own Vs. Rent