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159 ST JAMES STREET, London, Ontario, N6A 1W6

MLS® # X10432559
Investment For Sale In North London, London, Ontario
$1,198,000
159 St James Street, London, ON - Outdoor With Facade
159 St James Street, London, ON - Outdoor
159 St James Street, London, ON - Outdoor
159 St James Street, London, ON - Indoor Photo Showing Living Room
159 St James Street, London, ON - Indoor Photo Showing Living Room
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor Photo Showing Dining Room
159 St James Street, London, ON - Indoor
159 St James Street, London, ON - Indoor Photo Showing Other Room
159 St James Street, London, ON - Indoor Photo Showing Bathroom
159 St James Street, London, ON - Indoor
159 St James Street, London, ON - Indoor Photo Showing Living Room
159 St James Street, London, ON - Indoor
159 St James Street, London, ON - Indoor Photo Showing Kitchen
159 St James Street, London, ON - Indoor Photo Showing Other Room
159 St James Street, London, ON - Indoor Photo Showing Living Room
159 St James Street, London, ON - Indoor
159 St James Street, London, ON - Indoor Photo Showing Living Room With Fireplace
159 St James Street, London, ON - Indoor Photo Showing Living Room
159 St James Street, London, ON - Indoor Photo Showing Other Room
159 St James Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
159 St James Street, London, ON - Indoor Photo Showing Kitchen
159 St James Street, London, ON - Indoor Photo Showing Bathroom
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor Photo Showing Living Room
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor
159 St James Street, London, ON - Indoor Photo Showing Bathroom
159 St James Street, London, ON - Indoor Photo Showing Laundry Room
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor Photo Showing Bathroom
159 St James Street, London, ON - Indoor Photo Showing Other Room
159 St James Street, London, ON - Indoor
159 St James Street, London, ON - Indoor Photo Showing Kitchen
159 St James Street, London, ON - Outdoor
159 St James Street, London, ON - Outdoor With Deck Patio Veranda
159 St James Street, London, ON - Outdoor
159 St James Street, London, ON  - Outdoor With Facade
159 St James Street, London, ON  - Outdoor
159 St James Street, London, ON  - Outdoor
159 St James Street, London, ON  - Indoor Photo Showing Living Room
159 St James Street, London, ON - Indoor Photo Showing Living Room
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor Photo Showing Dining Room
159 St James Street, London, ON - Indoor
159 St James Street, London, ON - Indoor Photo Showing Other Room
159 St James Street, London, ON - Indoor Photo Showing Bathroom
159 St James Street, London, ON - Indoor
159 St James Street, London, ON - Indoor Photo Showing Living Room
159 St James Street, London, ON - Indoor
159 St James Street, London, ON - Indoor Photo Showing Kitchen
159 St James Street, London, ON - Indoor Photo Showing Other Room
159 St James Street, London, ON - Indoor Photo Showing Living Room
159 St James Street, London, ON - Indoor
159 St James Street, London, ON - Indoor Photo Showing Living Room With Fireplace
159 St James Street, London, ON - Indoor Photo Showing Living Room
159 St James Street, London, ON - Indoor Photo Showing Other Room
159 St James Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
159 St James Street, London, ON - Indoor Photo Showing Kitchen
159 St James Street, London, ON - Indoor Photo Showing Bathroom
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor Photo Showing Living Room
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor
159 St James Street, London, ON - Indoor Photo Showing Bathroom
159 St James Street, London, ON - Indoor Photo Showing Laundry Room
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor Photo Showing Bedroom
159 St James Street, London, ON - Indoor Photo Showing Bathroom
159 St James Street, London, ON - Indoor Photo Showing Other Room
159 St James Street, London, ON - Indoor
159 St James Street, London, ON - Indoor Photo Showing Kitchen
159 St James Street, London, ON - Outdoor
159 St James Street, London, ON - Outdoor With Deck Patio Veranda
159 St James Street, London, ON - Outdoor
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159 ST JAMES STREET, London, Ontario, N6A 1W6
$1,198,000

Property Information:

Fantastic investment opportunity! This well-maintained multiplex offers five units and is ideally located just steps from Downtown London and within walking distance to Western University. The property features an attached double-car garage with two parking spaces, plus the convenience of seven additional spots spread across two private driveways - plenty of parking for tenants. This property is running a %7.0 CAP rate in a phenomenal student area with the opportunity to increase the other 4 units rental income for an even higher CAP rate. Close to public transit, grocery stores, the scenic Thames River, and Gibbons Park, this prime location provides easy access to all amenities, making it highly attractive to both students and professionals. Don't miss out on this excellent chance to own a solid income-generating property in a sought-after area! **** EXTRAS **** Please see Sales Brochure URL for more photos and floor plans with all room measurements. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Finished
  • Basement Type: N/A
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5+2
  • Bathrooms: 6
  • Amenities Nearby: Park, Hospital, Schools, Public Transit
  • Features: Cul-de-sac
  • Irregular: Yes
  • Lot Depth: 88.0 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 88 FT ; 66.16 x 88.32 x 66.16 x 88.49
  • Surface Water:
  • Zoning: R2-2(7)
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage
  • No. of Parking Spaces: 9

Rooms:

  • Kitchen 2nd Level 2.69 m x 2.56 m
  • Breakfast 2nd Level 3.57 m x 4.22 m
  • Bedroom 2nd Level 3.86 m x 2.54 m
  • Laundry 3rd Level 1.96 m x 3.21 m
  • Bedroom 3rd Level 3.61 m x 3.74 m
  • Bedroom 3rd Level 3.61 m x 2.80 m
  • Bedroom 3rd Level 4.93 m x 4.54 m
  • Kitchen Basement Level 4.50 m x 3.95 m
  • Living Main Level 3.94 m x 5.34 m
  • Kitchen Main Level 3.86 m x 6.92 m
  • Bedroom Main Level 4.39 m x 4.80 m
  • Family Main Level 4.93 m x 8.88 m

Convert Measurement to:

Courtesy of: CENTURY 21 FIRST CANADIAN CORP

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Location of 159 ST JAMES STREET, London, Ontario, N6A 1W6

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: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

54/100

Moderate

ClimateCheck®

Current data

This property, 159 ST JAMES STREET , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
34

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 Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 159 ST JAMES STREET , experiences 11 significant 2-day storms per year, with about 328.2mm 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 402.9mm of precipitation per year.

Precipitation Per Storm

Past
328.2mm
2050
402.9mm

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 159 ST JAMES STREET, London, Ontario, N6A 1W6

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$122,671.60

Average Number of Children

1.45

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.91 %

High school certificate or equivalent

23.37 %

Apprenticeship trade certificate/diploma

1.43 %

College/non-university certificate

23.92 %

University certificate (below bachelor)

1.75 %

University Degree

38.62 %

Commuter

Travel To Work

By Car

70.45 %

By Public Transit

8.93 %

By Walking

13.92 %

By Bicycle

0.0 %

By Other Methods

6.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

72.19 %

Houses

27.81 %

Own Vs. Rent