487 Rea St N, Timmins, ON, P4N 5A7 - investment for sale | Listing ID TM240394

Investment For Sale In Timmins, Ontario

$625,000

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487 Rea St N, Timmins, ON - Indoor Photo Showing Kitchen

487 Rea St N, Timmins, ON - Indoor Photo Showing Other Room

487 Rea St N, Timmins, ON - Indoor Photo Showing Bathroom

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Home Insurance - TD Insurance

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Home Insurance - TD Insurance

Get a home insurance quote online for this $625,000 property in Timmins

Provided by TD Insurance

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487 Rea ST N, Timmins, Ontario, P4N 5A7

$625,000

Property Information:

Attention investors and entrepreneurs! Loads of renovations in this turnkey 3-unit multi-family income property featuring a 24' x 24' detached garage and a space for a home-based business. It's the perfect setting to live comfortably, run a home-based business, and have rent income to pay down a mortgage. The spacious apartments have laundry hook ups, private entrances and a parking space. Operating numbers for 2020 to 2022, will be shared upon receipt of a confidentiality agreement between the Seller and Buyer. (id:27)

Building Features:

Style: Fourplex
Building Type: Multi-Family
Basement Type: Full
Heating Type: Baseboard heaters, Forced air

Property Features:

Property Type: Multi-family
Communication Type: High Speed Internet
Community Features: Bus Route
Floor Space (approx): 2934.00
Lot Frontage: 99.64
Utility Type: Natural Gas - Available, Telephone - Available, Cable - Available, Hydro - Available
Sewer: Municipal sewage system

Courtesy of: EXP REALTY, BROKERAGE

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Market Price Trends

Location of 487 Rea ST N, Timmins, Ontario, P4N 5A7

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: Significant

25 hot days expected in 2050

Projected Storm Risk: High

14 storms expected in 2050

Projected Heat Risk: Significant

25 hot days expected in 2050

39/100

Significant

ClimateCheck®

Current data

This property, 487 Rea ST N , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 25 hot days at 33.5 degrees Celsius.

Projected Avg. Temperature

Past

30.3℃

2050

33.5℃

# 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

14 storms expected in 2050

53/100

High

ClimateCheck®

Current data

This property, 487 Rea ST N , experiences 11 significant 2-day storms per year, with about 283.9mm 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 351.7mm of precipitation per year.

Precipitation Per Storm

Past

283.9mm

2050

351.7mm

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 487 Rea ST N, Timmins, Ontario, P4N 5A7

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$120,330.62

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.47 %

High school certificate or equivalent

26.87 %

Apprenticeship trade certificate/diploma

6.0 %

College/non-university certificate

30.56 %

University certificate (below bachelor)

1.24 %

University Degree

11.86 %

Commuter

Travel To Work

By Car

87.76 %

By Public Transit

3.75 %

By Walking

7.64 %

By Bicycle

0.0 %

By Other Methods

0.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.35 %

Houses

80.65 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 487 Rea ST N, Timmins, Ontario, P4N 5A7

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 487 Rea ST N, Timmins, Ontario, P4N 5A7

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

487 Rea ST N, Timmins, Ontario, P4N 5A7

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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