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368 FRANK Street, Wiarton, Ontario, N0H 2T0

MLS® # 40533068
Investment For Sale In Wiarton, Ontario
$285,000
Triplex on Frank St - 368 Frank Street, Wiarton, ON - Outdoor
368 Frank Street, Wiarton, ON - Outdoor
368 Frank Street, Wiarton, ON - Outdoor
Additional Lot included in Purchase Price on Claude St - 368 Frank Street, Wiarton, ON - Outdoor
Refreshed Empty Apt; For rent $1000.00 Net - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Kitchen
Living/Kitchen Empty Apt; For Rent $1000 net - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Other Room
1 Bedroom Empty Apartment - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Other Room
Foyer Empty Apartment - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Other Room
Refreshed 4 pc Bath Empty Apt - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Bathroom
Bathroom Empty Apartment - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Bathroom
1 Bedroom Empty Apt Dowstairs - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Other Room
Triplex on Frank St - 368 Frank Street, Wiarton, ON  - Outdoor
368 Frank Street, Wiarton, ON  - Outdoor
368 Frank Street, Wiarton, ON  - Outdoor
Additional Lot included in Purchase Price on Claude St - 368 Frank Street, Wiarton, ON  - Outdoor
Refreshed Empty Apt; For rent $1000.00 Net - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Kitchen
Living/Kitchen Empty Apt; For Rent $1000 net - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Other Room
1 Bedroom Empty Apartment - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Other Room
Foyer Empty Apartment - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Other Room
Refreshed 4 pc Bath Empty Apt - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Bathroom
Bathroom Empty Apartment - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Bathroom
1 Bedroom Empty Apt Dowstairs - 368 Frank Street, Wiarton, ON - Indoor Photo Showing Other Room
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368 FRANK Street, Wiarton, Ontario, N0H 2T0
$285,000

Property Information:

We are happy to offer you this Triplex during a strong rental market! TURN KEY INVESTMENT; FULLY RENTED! Great income! Loads of possibility for improvements to its already tidy income. The current owner has done some structural repairs since purchasing and is only selling due to the distance he lives from the property. Unlock the potential of your investment portfolio with this versatile triplex! The building has been maintained over the years, with recent updates to the electrical systems. Generate a steady stream of rental income with tenants already in place, and the potential for even more income with the third unit now having been refreshed and rented. The property is located in a desirable neighborhood, with easy access to shopping and local amenities. ** Most financial information is actual, Insurance, other are estimated ** Imagine the possibilities as you take ownership of this solid investment opportunity, with the potential for appreciation and a strong return on investment. Don't miss out on this chance to secure your financial future, schedule a viewing today!. BID COUNT: 0 ~ PROPERTY AUCTION; 6:00 pm 22nd May 2024 END of BIDDING DATE; Reserve bid, soft close auction. SUGGESTED STARTING BID: $285,000.00 Property is being sold AS IS WHERE IS. This is an auction posted on MLS® as a mere posting. All Agreements of Purchase and Sale are to be submitted as CASH on closing; no conditional offers will be entertained. Irrevocable should be 1 day after the auction close. 15% DEPOSIT, including a 10% + HST BUYERS PREMIUM is to be added to any cash bid; acknowledged in the Schedule A of the APS. You may bid by contacting your Real Estate Broker who will be paid commission on completion by the Auctioneer. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Unfinished
  • Basement Type: Crawl space
  • Exterior Finish: Vinyl siding
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bathrooms: 1
  • Access Type: Water access, Road access, Highway access
  • Amenities Nearby: Airport, Hospital, Marina, Park, Playground
  • Features: Southern exposure
  • Floor Space (approx): 2412.00
  • Lot Depth: 60.0 Feet
  • Lot Frontage: 28.0 Feet
  • Structure Type: Shed
  • Zoning: R1B
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 2

Courtesy of: ATLAS WORLD REAL ESTATE CORPORATION Brokerage (Lions Head)

REALTOR.ca  

Location of 368 FRANK Street, Wiarton, Ontario, N0H 2T0

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

14 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

41/100

High

ClimateCheck®

Current data

This property, 368 FRANK Street , experiences 7 hot days per year at around 29 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 32.4 degrees Celsius.

Projected Avg. Temperature

Past
29℃
2050
32.4℃

# 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:

14 storms expected in 2050

68/100

ClimateCheck®

Current data

This property, 368 FRANK Street , experiences 11 significant 2-day storms per year, with about 326.1mm 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 417mm of precipitation per year.

Precipitation Per Storm

Past
326.1mm
2050
417mm

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.

Demographic Information of 368 FRANK Street, Wiarton, Ontario, N0H 2T0

Life Stage

Older Couples

Employment Type

Mixed

Average Household Income

$84,530.92

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.2 %

High school certificate or equivalent

38.44 %

Apprenticeship trade certificate/diploma

8.26 %

College/non-university certificate

21.9 %

University Degree

6.2 %

Commuter

Travel To Work

By Car

82.09 %

By Public Transit

0.0 %

By Walking

17.18 %

By Bicycle

0.0 %

By Other Methods

0.73 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.96 %

Houses

77.04 %

Own Vs. Rent