33-39 King St E, Cramahe, ON, K0K 1S0 - investment for sale | Listing ID X7401576

Investment For Sale In Cramahe, Ontario

$2,675,000

Details
Map
Demographics
Street View
Get Directions

33-39 King St E, Cramahe, ON - With Exterior

33-39 King St E, Cramahe, ON - Indoor Photo Showing Other Room

33-39 King St E, Cramahe, ON - Indoor Photo Showing Other Room With Fireplace

33-39 King St E, Cramahe, ON - Indoor Photo Showing Kitchen

33-39 King St E, Cramahe, ON - Indoor Photo Showing Bathroom

33-39 King St E, Cramahe, ON - Outdoor With Deck Patio Veranda

33-39 King St E, Cramahe, ON - Outdoor With Exterior

33-39 King St E, Cramahe, ON - Outdoor With View

Advertising

MULTIMEDIA

Home Insurance - TD Insurance

Get a home insurance quote online for this $2,675,000 property in Cramahe

Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $2,675,000 property in Cramahe

Provided by TD Insurance

ACTIVE

33-39 KING ST E, Cramahe, Ontario, K0K 1S0

$2,675,000

Property Information:

Brick Apartment Buildings. 12-Units total. A BIG 2024 Investment Opportunity. Mixed-Use Income Units: 9 Residential & 3 Commercial facing Quaint Downtown Main Street. Well-updated & proudly commanding a 75 ft swath of frontage in the bustling downtown & historic King Street E in Colborne, ON. Historic buildings have modern updates including large cement patio terrace in front w/ contemporary railings. Tin ceiling & wood banister & heritage details add character. Well-Updated & maintained sited on a large lot w/ so much parking. Full basement houses mechanicals, 10yrs new furnace & sep. meters + lots of storage. Well-tenanted (2 Res being re-rented.) BONUS! Sale includes solid income from the only Public Laundromat Business in the vicinity including all machines. Superintendent onsite in exchange for partial rent abatement. Separate Electrical Meters. Good Commercial tenants: Retail, Office. Excellent Turnkey Income generating! *Prof. Photos to Come* Fire retrofit/update in process. **** EXTRAS **** Furnace 10 years. Windows: 2016-2019. Common Area updated. Some Waterproofing/Repair to exterior '23. Cement Patio, Railings. Roof in good shape Steel w/Spray Foam. Sep Metres. Income & Expense Sheet available. (id:27)

Building Features:

Style: Fourplex
Building Type: Multi-Family
Air Conditioning: Yes
Cooling Type: Partially air conditioned

Property Features:

Property Type: Multi-family
Bathrooms: 12
Amenities Nearby: Recreation
Irregular: Yes
Lot Size: 75 x 167.22 FT ; See Attachments
No. of Parking Spaces: 12

Courtesy of: CENTURY 21 ALL-PRO REALTY (1993) LTD.

More Detail

Less Detail

Market Price Trends

Location of 33-39 KING ST E, Cramahe, Ontario, K0K 1S0

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: High

37 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

37 hot days expected in 2050

56/100

High

ClimateCheck®

Current data

This property, 33-39 KING ST E , experiences 7 hot days per year at around 29.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 37 hot days at 33 degrees Celsius.

Projected Avg. Temperature

Past

29.2℃

2050

33℃

# 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

62/100

ClimateCheck®

Current data

This property, 33-39 KING ST E , experiences 11 significant 2-day storms per year, with about 314.6mm 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 396.2mm of precipitation per year.

Precipitation Per Storm

Past

314.6mm

2050

396.2mm

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.

More Detail

Less Detail

Demographic Information of 33-39 KING ST E, Cramahe, Ontario, K0K 1S0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$108,189.11

Average Number of Children

1.77

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.59 %

High school certificate or equivalent

35.6 %

Apprenticeship trade certificate/diploma

11.77 %

College/non-university certificate

21.44 %

University Degree

13.61 %

Commuter

Travel To Work

By Car

94.5 %

By Public Transit

0.0 %

By Walking

0.76 %

By Bicycle

0.0 %

By Other Methods

4.74 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

9.5 %

Houses

90.5 %

Own Vs. Rent

More Detail

Less Detail

Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 33-39 KING ST E, Cramahe, Ontario, K0K 1S0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 33-39 KING ST E, Cramahe, Ontario, K0K 1S0

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

33-39 KING ST E, Cramahe, Ontario, K0K 1S0

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Log In

Create an account to:

Create Account

Complete Account Verification