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294-302 Josephine Street, Wingham, ON, N0G 2W0

MLS® # 40503047
Investment For Sale In Wingham, Ontario
$930,000
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
294-302 Josephine Street, Wingham, ON
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294-302 Josephine Street, Wingham, ON, N0G 2W0
$930,000

Property Information:

Welcome to 302 Josephine Street, Wingham, Ontario – a fantastic investment opportunity for any real estateenthusiast! 7.1% Cap rate! All commonly asked questions are in supplements. Well kept building in the heart of downtown always fully leased. The financials are in the supplements. All units have their own heating controls, water heater and furance as well as cooling controls! This multi-use property features spacious commercial units on the ground level, perfect for avariety of businesses (5 apartments and 3 commercial spaces - a total of 8 units). The ample windows allownatural light to flow throughout the space, creating a bright and inviting atmosphere for customers andclients. In addition, the property boasts 5 modern and comfortable apartment units on the upper levels. Eachunit is designed with ample windows, providing plenty of natural light and stunning views of the surroundingarea. This property is also equipped with 8 total furnaces, 7 hot water heaters, and 8 air conditioners,ensuring that each unit is comfortable and efficiently year-round. Located in the heart of Wingham, thisproperty is in close proximity to all the amenities the town has to offer, including restaurants, shops, andother local businesses. With so much potential and versatility, this property is an opportunity that cannot bemissed!

Inclusions: Other

Building Features:

  • Floor Space: 4137 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Crawl Space, Unfinished
  • Cooling: Central Air
  • Driveway Parking: Lane/Alley Parking
  • Floor Space (approx): 4137 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Features: Ample Parking, City Lot, High Traffic Area, Highway Access, Hospital, Industrial Park, Library, Open Spaces, Public Transit, Rec./Community Centre, School Bus Route
  • Lot Frontage: 110.00 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RES
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: KELLER WILLIAMS INNOVATION REALTY

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 294-302 Josephine Street, Wingham, ON, N0G 2W0

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

32 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

32 hot days expected in 2050

47/100

High

ClimateCheck®

Current data

This property, 294-302 Josephine Street , 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 32 hot days at 33.8 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
33.8℃

# Hot Days Per Year

Past
7
2050
32

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

69/100

ClimateCheck®

Current data

This property, 294-302 Josephine Street , experiences 12 significant 2-day storms per year, with about 330.1mm 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 408.1mm of precipitation per year.

Precipitation Per Storm

Past
330.1mm
2050
408.1mm

48-Hour Storms Per Year

Past
12
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 294-302 Josephine Street, Wingham, ON, N0G 2W0

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$103,944.47

Average Number of Children

1.82

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.43 %

High school certificate or equivalent

40.8 %

Apprenticeship trade certificate/diploma

6.62 %

College/non-university certificate

24.27 %

University Degree

3.89 %

Commuter

Travel To Work

By Car

82.79 %

By Public Transit

0.0 %

By Walking

17.21 %

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)

21.07 %

Houses

78.93 %

Own Vs. Rent