470 ELORA STREET, Centre Wellington (Fergus), Ontario, N1M 1Y8

MLS® # X12589706

Investment For Sale In Centre Wellington (Fergus), Ontario

$935,000

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470 Elora Street, Centre Wellington (Fergus), ON - Outdoor With Facade

470 Elora Street, Centre Wellington (Fergus), ON - Outdoor

470 Elora Street, Centre Wellington (Fergus), ON - Outdoor With Exterior

470 Elora Street, Centre Wellington (Fergus), ON - Indoor Photo Showing Dining Room

470 Elora Street, Centre Wellington (Fergus), ON - Indoor Photo Showing Kitchen

470 Elora Street, Centre Wellington (Fergus), ON - Indoor

470 Elora Street, Centre Wellington (Fergus), ON - Indoor Photo Showing Living Room

470 Elora Street, Centre Wellington (Fergus), ON - Indoor Photo Showing Other Room

470 Elora Street, Centre Wellington (Fergus), ON - Indoor Photo Showing Bedroom

470 Elora Street, Centre Wellington (Fergus), ON - Indoor Photo Showing Bathroom

470 Elora Street, Centre Wellington (Fergus), ON - Indoor Photo Showing Laundry Room

470 Elora Street, Centre Wellington (Fergus), ON - Outdoor With Backyard

470 Elora Street, Centre Wellington (Fergus), ON - Outdoor With Deck Patio Veranda With Exterior

470 Elora Street, Centre Wellington (Fergus), ON - Other

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470 ELORA STREET, Centre Wellington (Fergus), Ontario, N1M 1Y8

$935,000

Property Information:

Great opportunity here to live in one unit and have the other unit as a fantastic mortgage helper ! Perfect option for those wanting to downsize but don't want a condo. And the strong rental income will improve affordability for many home purchasers while building equity in home ownership. Potential for ideal MULTI-GENERATIONAL living arrangement. Quality built duplexed home (single family dwelling with legal accessory apartment), with upper 3 bedroom unit and main level 2 bedroom unit. Designed so both units are above grade. Completely separate mechanicals and separately metered. Be sure to check out the floorplans. Attached two car garage, one for each resident. Separately fenced backyards for each unit. Multi-unit homes like this do not come to market often. Investors will want to look at this one too. Close to all amenities. Main level has been intentionally left vacant for prospective buyer to be able to move in immediately - or investor will be able to lease out at current market rent. Book your showing today. (id:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Amenities: Separate Heating Controls, Separate Hydro Meters
Basement Type: Crawl space
Exterior Finish: Vinyl siding, Brick
Floor Space: 2500 - 3000 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning

Property Features:

Property Type: Multi-family
Bedrooms: 5
Bathrooms: 3
Features:
Fence Type: Fenced yard
Floor Space (approx): 2500 - 3000 Square Feet
Irregular: Yes
Lot Depth: 131.8 Feet
Lot Frontage: 44.0 Feet
Lot Size: 44 x 131.9 FT
Zoning: R1B
Sewer: Sanitary sewer
Parking Type: Attached garage, Garage
No. of Parking Spaces: 4

Rooms:

Bathroom 2nd Level 4.69 m x 2.43 m
2nd Bedroom 2nd Level 4.84 m x 3.04 m
3rd Bedroom 2nd Level 3.77 m x 3.47 m
Laundry 2nd Level 2.68 m x 1.62 m
Bathroom 2nd Level 2.57 m x 2.36 m
Kitchen 2nd Level 4.87 m x 3.15 m
Living 2nd Level 4.95 m x 4.52 m
Dining 2nd Level 4.87 m x 4.52 m
Primary Bedroom 2nd Level 4.83 m x 432.00 m
Kitchen Main Level 3.37 m x 1.55 m
Living Main Level 5.22 m x 2.82 m
Primary Bedroom Main Level 5.04 m x 4.51 m
2nd Bedroom Main Level 4.54 m x 4.25 m
Bathroom Main Level 3.22 m x 2.43 m
Laundry Main Level 3.37 m x 1.55 m

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Rating:

Notes:

George Mochrie

Real Estate Agent Royal LePage Royal City Realty , Brokerage*

Office:519.846.1365

My Website

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Amanda Lirusso

Agent Royal LePage Royal City Realty , Brokerage*

Mobile:519.820.0506

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Market Price Trends

All Properties

4.47%

Price change (1 year)

35.2%

Price change (5 years)

Location of 470 ELORA STREET, Centre Wellington (Fergus), Ontario, N1M 1Y8

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

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

50/100

Moderate

ClimateCheck®

Current data

This property, 470 ELORA STREET , experiences 7 hot days per year at around 30 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 33.6 degrees Celsius.

Projected Avg. Temperature

Past

30℃

2050

33.6℃

# 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

63/100

Moderate-High

ClimateCheck®

Current data

This property, 470 ELORA STREET , experiences 11 significant 2-day storms per year, with about 321.7mm 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 397mm of precipitation per year.

Precipitation Per Storm

Past

321.7mm

2050

397mm

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 470 ELORA STREET, Centre Wellington (Fergus), Ontario, N1M 1Y8

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$128,151.48

Average Number of Children

1.84

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.5 %

High school certificate or equivalent

29.22 %

Apprenticeship trade certificate/diploma

8.1 %

College/non-university certificate

27.37 %

University certificate (below bachelor)

1.37 %

University Degree

19.44 %

Commuter

Travel To Work

By Car

93.31 %

By Public Transit

0.97 %

By Walking

2.76 %

By Bicycle

0.0 %

By Other Methods

2.96 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.47 %

Houses

81.53 %

Own Vs. Rent

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470 ELORA STREET, Centre Wellington (Fergus), Ontario, N1M 1Y8 $935,000 MLS® # X12589706