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20 MILLER Street, Parry Sound, Ontario, P2A 1S8

MLS® # 40559885
Investment For Sale In Parry Sound, Ontario
$2,200,000
20 Miller Street, Parry Sound, ON - Outdoor With View
20 Miller Street, Parry Sound, ON - Outdoor
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Other Room
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Kitchen With Double Sink
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Kitchen
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Other Room
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Bathroom
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Other Room
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Other Room
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Other Room
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Other Room
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Laundry Room
20 Miller Street, Parry Sound, ON - Indoor
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Basement
20 Miller Street, Parry Sound, ON - Indoor
20 Miller Street, Parry Sound, ON - Outdoor
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Living Room
20 Miller Street, Parry Sound, ON - Outdoor
20 Miller Street, Parry Sound, ON - Outdoor With View
20 Miller Street, Parry Sound, ON  - Outdoor With View
20 Miller Street, Parry Sound, ON  - Outdoor
20 Miller Street, Parry Sound, ON  - Indoor Photo Showing Other Room
20 Miller Street, Parry Sound, ON  - Indoor Photo Showing Kitchen With Double Sink
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Kitchen
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Other Room
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Bathroom
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Other Room
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Other Room
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Other Room
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Other Room
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Laundry Room
20 Miller Street, Parry Sound, ON - Indoor
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Basement
20 Miller Street, Parry Sound, ON - Indoor
20 Miller Street, Parry Sound, ON - Outdoor
20 Miller Street, Parry Sound, ON - Indoor Photo Showing Living Room
20 Miller Street, Parry Sound, ON - Outdoor
20 Miller Street, Parry Sound, ON - Outdoor With View
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MULTIMEDIA

Home Insurance - TD Insurance

Get a home insurance quote online for this $2,200,000 property in Parry Sound

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ACTIVE
20 MILLER Street, Parry Sound, Ontario, P2A 1S8
$2,200,000

Property Information:

Experience ease of management with ample basement space designated for storage or a superintendent's workshop, complemented by an external shed for snow or landscaping tools. The property has undergone a series of recent upgrades: a new roof, modernized kitchens in most units, vinyl plank flooring, and an upgrade to ABS plumbing. Operating at a 6.11% cap rate, many of the units are paying market rents and vacancies have shown to be filled quickly. The rents are 23.7% below market value and that means lots of upside potential. Experience immediate returns in this turn-key residential investment. Financials available upon submitting a confidentiality agreement (See Attachment Section). (id:27)

Building Features:

  • Style: Multiplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Foundation Type: Block
  • Heating Type: Baseboard heaters
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 17
  • Bathrooms: 8
  • Features: Shared Driveway, Laundry- Coin operated
  • Floor Space (approx): 5008.00
  • Lot Depth: 131.0 Feet
  • Lot Frontage: 97.0 Feet
  • Structure Type: Shed
  • Zoning: C1
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 9

Courtesy of: Maven Commercial Real Estate Brokerage

REALTOR.ca  

Location of 20 MILLER Street, Parry Sound, Ontario, P2A 1S8

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

36 hot days expected in 2050

Projected Storm Risk: Very High

15 storms expected in 2050

Projected Heat Risk: High

36 hot days expected in 2050

52/100

High

ClimateCheck®

Current data

This property, 20 MILLER Street , experiences 7 hot days per year at around 28.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 36 hot days at 32.5 degrees Celsius.

Projected Avg. Temperature

Past
28.9℃
2050
32.5℃

# Hot Days Per Year

Past
7
2050
36

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, 20 MILLER Street , experiences 12 significant 2-day storms per year, with about 338mm 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 438.7mm of precipitation per year.

Precipitation Per Storm

Past
338mm
2050
438.7mm

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 20 MILLER Street, Parry Sound, Ontario, P2A 1S8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,119.41

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.32 %

High school certificate or equivalent

30.53 %

Apprenticeship trade certificate/diploma

8.53 %

College/non-university certificate

21.94 %

University certificate (below bachelor)

0.3 %

University Degree

18.38 %

Commuter

Travel To Work

By Car

78.17 %

By Public Transit

0.0 %

By Walking

19.08 %

By Bicycle

0.0 %

By Other Methods

2.75 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.18 %

Houses

58.82 %

Own Vs. Rent