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438 CORNWALL CENTRE ROAD, Cornwall, Ontario, K6K 1M1

MLS® # 1323921
Investment For Sale In Eamers Corners, Cornwall, Ontario
$850,000
438 Cornwall Centre Road, Cornwall, ON - Outdoor With Facade
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438 CORNWALL CENTRE ROAD, Cornwall, Ontario, K6K 1M1
$850,000

Property Information:

Four unit apartment building with new roof shingles installed July 2023. Each unit is approximately 1,000 sq ft has two bedrooms, 1.5 baths, kitchen, Living Room and Dining Room. Tenants pay own utilities. Each unit has 2 car parking. Included are fridge, stove and A/c unit in each apt. One unit has washer & dryer and one unit has microwave and washer. Units may only be viewed after a conditional offer is accepted. Gross Income (Unit Rents $1,600, $900, $1,400 & $1,155) Annual $60,660. Total Expenses 2023- $21,421. Net Income $39239. Expenses include: Realty Taxes, Water & Sewer charges, Building Insurance, Snow and Lawn care, common utilities. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Not Applicable
  • Basement Type: Unknown
  • Construction Style - Attachment: Attached
  • Exterior Finish: Aluminum siding, Brick
  • Flooring Type: Carpeted, Wall-to-wall carpet, Vinyl
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Unknown

Property Features:

  • Property Type: Multi-family
  • Built in: 1980
  • Irregular: Yes
  • Lease Type: Lease Type
  • Lot Depth: 197.9 Feet
  • Lot Frontage: 75.5 Feet
  • Lot Size: 75.5 ft X 197.9 ft (Irregular Lot)
  • Zoning: RES 20
  • Sewer: Municipal sewage system
  • Parking Type: Surfaced, See Remarks
  • No. of Parking Spaces: 8

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

REALTOR.ca  

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Sales/Price History

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Market Price Trends

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Location of 438 CORNWALL CENTRE ROAD, Cornwall, Ontario, K6K 1M1

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

54/100

High

ClimateCheck®

Current data

This property, 438 CORNWALL CENTRE ROAD , experiences 7 hot days per year at around 30.9 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 34.4 degrees Celsius.

Projected Avg. Temperature

Past
30.9℃
2050
34.4℃

# 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

67/100

ClimateCheck®

Current data

This property, 438 CORNWALL CENTRE ROAD , experiences 11 significant 2-day storms per year, with about 335.8mm 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 426.2mm of precipitation per year.

Precipitation Per Storm

Past
335.8mm
2050
426.2mm

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.

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Demographic Information of 438 CORNWALL CENTRE ROAD, Cornwall, Ontario, K6K 1M1

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$81,355.98

Average Number of Children

0.96

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.76 %

High school certificate or equivalent

30.13 %

Apprenticeship trade certificate/diploma

10.98 %

College/non-university certificate

32.38 %

University certificate (below bachelor)

2.51 %

University Degree

6.11 %

Commuter

Travel To Work

By Car

83.42 %

By Public Transit

7.04 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

9.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

9.81 %

Houses

90.02 %

Own Vs. Rent

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