2946 Lough Road, South Mountain, ON, K0E 1W0 - investment for sale | Listing ID 1376873

Investment For Sale In South Mountain, Ontario

$950,000

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2946 Lough Road, South Mountain, ON - Outdoor

2946 Lough Road, South Mountain, ON - Outdoor With Facade

Basement - 2946 Lough Road, South Mountain, ON - Indoor Photo Showing Other Room

Basement - 2946 Lough Road, South Mountain, ON - Indoor

Laundry - 2946 Lough Road, South Mountain, ON - Indoor Photo Showing Laundry Room

First Floor - 2946 Lough Road, South Mountain, ON - Indoor Photo Showing Other Room

Second Floor - 2946 Lough Road, South Mountain, ON - Indoor Photo Showing Other Room

Second Floor - 2946 Lough Road, South Mountain, ON - Indoor Photo Showing Basement

Second Floor - 2946 Lough Road, South Mountain, ON - Indoor

Third Floor - 2946 Lough Road, South Mountain, ON - Photo Showing Other Room

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Home Insurance - TD Insurance

Get a home insurance quote online for this $950,000 property in South Mountain

Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $950,000 property in South Mountain

Provided by TD Insurance

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2946 LOUGH ROAD, South Mountain, Ontario, K0E 1W0

$950,000

Property Information:

Incredible Investment Opportunity! Apartment Building on 2+ Acres with Expansion Potential! Presenting a rare gem - an apartment building with seven fully rented units and the potential to expand with an additional six units on two floors! Seven fully rented units ensure immediate income generation. The Addition of six units the 2nd and 3rd floors, will maximize your investment plus the opportunity to expand. Enjoy cash flow from day one with all units currently rented. The 2nd and 3rd floors have plumbing and hydro already installed. Please respect the privacy of current tenants. Act Fast! This is your chance to be part of the flourishing real estate landscape in South Mountain. Don't miss out on this great investment opportunity! No Showings After 5 PM, The 2nd and 3rd floors do not have lighting. Form 560 - Confidentiality Agreement must be signed before any financials are provided. (id:27)

Building Features:

Style: Multiplex
Exterior Finish: Brick, Siding
Foundation Type: Block
Heating Type: Baseboard heaters, Radiant heat
Heating Fuel: Electric, Natural gas

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Built in: 1924
Irregular: Yes
Lot Depth: 509.3 Feet
Lot Frontage: 255.5 Feet
Lot Size: 255.5 ft X 509.32 ft (Irregular Lot)
Zoning: R1-5
Sewer: Septic System
No. of Parking Spaces: 15

Courtesy of: CENTURY 21 RIVER'S EDGE LTD.

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

Market Price Trends

Location of 2946 LOUGH ROAD, South Mountain, Ontario, K0E 1W0

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: Very High

14 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 2946 LOUGH ROAD , experiences 7 hot days per year at around 30.8 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 34.4 degrees Celsius.

Projected Avg. Temperature

Past

30.8℃

2050

34.4℃

# 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

65/100

ClimateCheck®

Current data

This property, 2946 LOUGH ROAD , experiences 11 significant 2-day storms per year, with about 321.8mm 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 412.4mm of precipitation per year.

Precipitation Per Storm

Past

321.8mm

2050

412.4mm

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 2946 LOUGH ROAD, South Mountain, Ontario, K0E 1W0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$118,000.00

Average Number of Children

1.90

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.52 %

High school certificate or equivalent

29.63 %

Apprenticeship trade certificate/diploma

12.35 %

College/non-university certificate

30.86 %

University Degree

8.64 %

Commuter

Travel To Work

By Car

100.0 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.27 %

Houses

97.73 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 2946 LOUGH ROAD, South Mountain, Ontario, K0E 1W0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 2946 LOUGH ROAD, South Mountain, Ontario, K0E 1W0

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

2946 LOUGH ROAD, South Mountain, Ontario, K0E 1W0

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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