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1825 6TH Avenue W, Owen Sound, Ontario, N4K 5Y9

MLS® # 40509075
Investment For Sale In Owen Sound, Ontario
$3,990,000
1825 6Th Avenue W, Owen Sound, ON - Outdoor
1825 6Th Avenue W, Owen Sound, ON - Outdoor
1825 6Th Avenue W, Owen Sound, ON - Outdoor
1825 6Th Avenue W, Owen Sound, ON - Outdoor
1825 6Th Avenue W, Owen Sound, ON - Outdoor With Exterior
1825 6Th Avenue W, Owen Sound, ON - Outdoor With Exterior
1825 6Th Avenue W, Owen Sound, ON - Outdoor
1825 6Th Avenue W, Owen Sound, ON - Outdoor
1825 6Th Avenue W, Owen Sound, ON - Outdoor With Exterior
1825 6Th Avenue W, Owen Sound, ON - Outdoor
1825 6Th Avenue W, Owen Sound, ON - Outdoor With View
1825 6Th Avenue W, Owen Sound, ON - Outdoor With View
1825 6Th Avenue W, Owen Sound, ON -  With View
1825 6Th Avenue W, Owen Sound, ON - Outdoor With View
1825 6Th Avenue W, Owen Sound, ON - Outdoor With Body Of Water With View
1825 6Th Avenue W, Owen Sound, ON - Outdoor
1825 6Th Avenue W, Owen Sound, ON  - Outdoor
1825 6Th Avenue W, Owen Sound, ON  - Outdoor
1825 6Th Avenue W, Owen Sound, ON  - Outdoor
1825 6Th Avenue W, Owen Sound, ON  - Outdoor
1825 6Th Avenue W, Owen Sound, ON - Outdoor With Exterior
1825 6Th Avenue W, Owen Sound, ON - Outdoor With Exterior
1825 6Th Avenue W, Owen Sound, ON - Outdoor
1825 6Th Avenue W, Owen Sound, ON - Outdoor
1825 6Th Avenue W, Owen Sound, ON - Outdoor With Exterior
1825 6Th Avenue W, Owen Sound, ON - Outdoor
1825 6Th Avenue W, Owen Sound, ON - Outdoor With View
1825 6Th Avenue W, Owen Sound, ON - Outdoor With View
1825 6Th Avenue W, Owen Sound, ON -  With View
1825 6Th Avenue W, Owen Sound, ON - Outdoor With View
1825 6Th Avenue W, Owen Sound, ON - Outdoor With Body Of Water With View
1825 6Th Avenue W, Owen Sound, ON - Outdoor
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1825 6TH Avenue W, Owen Sound, Ontario, N4K 5Y9
$3,990,000

Property Information:

Rare opportunity! This purpose built three storey brick walk up apartment building is located in a quiet residential neighbourhood in beautiful Owen Sound. Backing onto a ravine, this full brick on slab rental complex features 17 - 2bed 1bth apartments, and 6 - 1bd 1bth apartments with balconies. Well maintained,the property has an onsite live in Superintendant. Heating is with a gas boiler system that features a solar panel preheat system (2013). Wiring is aluminum - ESA certificate is available. Property is on municipal water and sewer. Coin op laundry in the building. Property features plenty of outside parking space. Units have been updated between each vacancy. Common areas have been updated with LED lighting, updated flooring (2023), doors replaced (2022), and updated entrance (2022). Balconies are in good condition - engineers report available. One deck will be replaced. Good income with long term tenants. The property is fully leased. Full financials will be provided upon conditional offer. (id:27)

Building Features:

  • Style: Multiplex
  • Air Conditioning: Yes
  • Basement Type: None
  • Exterior Finish: Brick
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Road access
  • Amenities Nearby: Hospital, Playground, Public Transit, Schools, Shopping
  • Community Features: Quiet Area
  • Features: Laundry- Coin operated
  • Floor Space (approx): 22500.00
  • Lot Frontage: 128.0 Feet
  • Zoning: MR, ZH
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 26

REALTOR.ca  

Location of 1825 6TH Avenue W, Owen Sound, Ontario, N4K 5Y9

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

31 hot days expected in 2050

Projected Storm Risk: Very High

15 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

42/100

High

ClimateCheck®

Current data

This property, 1825 6TH Avenue W , experiences 7 hot days per year at around 29.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 33.2 degrees Celsius.

Projected Avg. Temperature

Past
29.7℃
2050
33.2℃

# Hot Days Per Year

Past
7
2050
31

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:

15 storms expected in 2050

73/100

ClimateCheck®

Current data

This property, 1825 6TH Avenue W , experiences 12 significant 2-day storms per year, with about 337.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 431mm of precipitation per year.

Precipitation Per Storm

Past
337.6mm
2050
431mm

48-Hour Storms Per Year

Past
12
2050
15

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.

Demographic Information of 1825 6TH Avenue W, Owen Sound, Ontario, N4K 5Y9

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$93,411.51

Average Number of Children

1.91

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.72 %

High school certificate or equivalent

32.5 %

Apprenticeship trade certificate/diploma

4.68 %

College/non-university certificate

31.73 %

University certificate (below bachelor)

1.33 %

University Degree

11.04 %

Commuter

Travel To Work

By Car

97.33 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.09 %

By Other Methods

2.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.63 %

Houses

73.37 %

Own Vs. Rent