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242 ARVIN AVENUE, Hamilton, Ontario, L8E 2L8

MLS® # X12312537
Commercial For Sale In Industrial, Hamilton, Ontario
$6,946,000

None Beds

242 Arvin Avenue, Hamilton, ON
242 Arvin Avenue, Hamilton, ON
242 Arvin Avenue, Hamilton, ON
242 Arvin Avenue, Hamilton, ON
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242 ARVIN AVENUE, Hamilton, Ontario, L8E 2L8
$6,946,000

Property Information:

First Time Offered For Sale in Over 50 Years this Freestanding 24,808 sq. ft. Industrial Building Sits On a Generous 2.14 Acre Lot With M2 Zoning. The Spacious Site Offers Additional Land At The Rear For Parking or Outdoor Storage. Features Include 2-Drive-In Doors, 1-Truck Level Loading Dock at the Side Of The Building for Efficient Shipping and Receiving, and Office Space Located On The Second Floor, Few Additional Offices At Shop Level. Conveniently located Near the QEW, this Property Offers A Rare Opportunity For Investors or End Users, Who May Consider Occupying The Premises Upon Tenant Lease Expiration. Agent To Be Present For All Tours. (id:7525)

Building Features:

  • Style: Industrial
  • Air Conditioning: Yes
  • Floor Space: 24808 sqft
  • Heating Type: Radiant heat
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Industrial
  • Floor Space (approx): 24808 Square Feet
  • Irregular: Yes
  • Lot Depth: 440.4 Feet
  • Lot Frontage: 211.4 Feet
  • Lot Size: 211.46 x 440.47 FT ; 434 ft x 1.14 ft x 214 ft x 441 ft x 212
  • Zoning: M2

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Market Price Trends

All Properties

-1.51%

Price change (1 year)

29.71%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 242 ARVIN AVENUE, Hamilton, Ontario, L8E 2L8

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

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 242 ARVIN AVENUE , experiences 7 hot days per year at around 31.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.4 degrees Celsius.

Projected Avg. Temperature

Past
31.8℃
2050
35.4℃

# Hot Days Per Year

Past
7
2050
30

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

14 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 242 ARVIN AVENUE , experiences 11 significant 2-day storms per year, with about 306.3mm 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 379.8mm of precipitation per year.

Precipitation Per Storm

Past
306.3mm
2050
379.8mm

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 242 ARVIN AVENUE, Hamilton, Ontario, L8E 2L8

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$116,281.39

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.39 %

High school certificate or equivalent

30.67 %

Apprenticeship trade certificate/diploma

8.17 %

College/non-university certificate

20.85 %

University certificate (below bachelor)

0.66 %

University Degree

23.27 %

Commuter

Travel To Work

By Car

94.19 %

By Public Transit

1.49 %

By Walking

0.03 %

By Bicycle

0.0 %

By Other Methods

4.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.01 %

Houses

99.99 %

Own Vs. Rent

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