120 Centre Street, Essex, ON, N8M 1P9 - investment for sale | Listing ID 24003324

Investment For Sale In Essex, Ontario

$2,295,000

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120 Centre Street, Essex, ON - Outdoor With Facade

120 Centre Street, Essex, ON - Indoor Photo Showing Living Room

120 Centre Street, Essex, ON - Indoor Photo Showing Kitchen

120 Centre Street, Essex, ON - Indoor Photo Showing Kitchen With Double Sink

120 Centre Street, Essex, ON - Indoor Photo Showing Kitchen With Double Sink With Upgraded Kitchen

120 Centre Street, Essex, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen

120 Centre Street, Essex, ON - Indoor Photo Showing Dining Room

120 Centre Street, Essex, ON - Indoor Photo Showing Bedroom

120 Centre Street, Essex, ON - Indoor Photo Showing Bathroom

120 Centre Street, Essex, ON - Indoor Photo Showing Laundry Room

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Home Insurance - TD Insurance

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Home Insurance - TD Insurance

Get a home insurance quote online for this $2,295,000 property in Essex

Provided by TD Insurance

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120 CENTRE STREET, Essex, Ontario, N8M 1P9

$2,295,000

Property Information:

Brand new centrally located 6 plex in the beautiful Town of Essex within walking distance to all town amenities. One of the most energy efficient properties being offered for sale in Essex County with ICF from ground to roof and cold climate heat pumps which offer low and ONLY utility cost (hydro) to any future Tenants (no gas bills). Establish your own Rents and Tenants (expected rental income of $2500 per unit plus heat/hydro). Every unit offers identical 2 bedroom layout with open concept kitchen, living room and eating area, four piece bathroom and own laundry/utility rooms. Operating at 6.5-7% cap rate (Income and Expense estimates are projections). Front parking for up to 8 cars. (id:27)

Building Features:

Style: Fourplex
Building Type: Multi-Family
Amenities: Laundry Facility
Exterior Finish: Stucco
Flooring Type: Hardwood, Laminate
Heating Type: Heat Pump
Heating Fuel: Electric
Cooling Type: Central air conditioning, Heat Pump

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Irregular: Yes
Lot Size: 80 FT X 127.20 FT
Zoning: R1-1
Parking Type: Other
No. of Parking Spaces: 8

Rooms:

Laundry 2nd Level Measurements not available
Bedroom 2nd Level Measurements not available
Bedroom 2nd Level Measurements not available
Living 2nd Level Measurements not available
Kitchen 2nd Level Measurements not available
Laundry 3rd Level Measurements not available
Bedroom 3rd Level Measurements not available
Bedroom 3rd Level Measurements not available
Living 3rd Level Measurements not available
Kitchen 3rd Level Measurements not available
Laundry Main Level Measurements not available
Bedroom Main Level Measurements not available
Bedroom Main Level Measurements not available
Living Main Level Measurements not available
Kitchen Main Level Measurements not available

Courtesy of: RE/MAX PREFERRED REALTY LTD. - 586

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Market Price Trends

Location of 120 CENTRE STREET, Essex, Ontario, N8M 1P9

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

35 hot days expected in 2050

Projected Storm Risk: High

12 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

59/100

High

ClimateCheck®

Current data

This property, 120 CENTRE STREET , experiences 7 hot days per year at around 32 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 35.5 degrees Celsius.

Projected Avg. Temperature

Past

32℃

2050

35.5℃

# 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: High

12 storms expected in 2050

54/100

High

ClimateCheck®

Current data

This property, 120 CENTRE STREET , experiences 11 significant 2-day storms per year, with about 300.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 368mm of precipitation per year.

Precipitation Per Storm

Past

300.2mm

2050

368mm

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 120 CENTRE STREET, Essex, Ontario, N8M 1P9

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$103,817.75

Average Number of Children

1.78

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.24 %

High school certificate or equivalent

38.6 %

Apprenticeship trade certificate/diploma

5.91 %

College/non-university certificate

25.26 %

University certificate (below bachelor)

0.22 %

University Degree

10.78 %

Commuter

Travel To Work

By Car

88.84 %

By Public Transit

0.0 %

By Walking

5.13 %

By Bicycle

0.52 %

By Other Methods

5.51 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.34 %

Houses

72.66 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Rooms:

Market Price Trends

Location of 120 CENTRE STREET, Essex, Ontario, N8M 1P9

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 120 CENTRE STREET, Essex, Ontario, N8M 1P9

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

120 CENTRE STREET, Essex, Ontario, N8M 1P9

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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