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524 EGERTON STREET, London, Ontario, N5W 3Z7

MLS® # X10426763
Investment For Sale In East London, London, Ontario
$1,250,000
524 Egerton Street, London, ON - Outdoor
524 Egerton Street, London, ON - Outdoor
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor Photo Showing Bedroom
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor Photo Showing Other Room
524 Egerton Street, London, ON - Indoor Photo Showing Basement
524 Egerton Street, London, ON - Indoor Photo Showing Kitchen
524 Egerton Street, London, ON - Indoor Photo Showing Bedroom
524 Egerton Street, London, ON - Indoor Photo Showing Bathroom
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor Photo Showing Other Room
524 Egerton Street, London, ON - Indoor Photo Showing Bedroom
524 Egerton Street, London, ON - Indoor Photo Showing Office
524 Egerton Street, London, ON - Indoor Photo Showing Dining Room
524 Egerton Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor Photo Showing Bedroom
524 Egerton Street, London, ON - Indoor Photo Showing Bathroom
524 Egerton Street, London, ON - Indoor Photo Showing Basement
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Outdoor
524 Egerton Street, London, ON - Outdoor
524 Egerton Street, London, ON - Other
524 Egerton Street, London, ON - Other
524 Egerton Street, London, ON - Other
524 Egerton Street, London, ON - Other
524 Egerton Street, London, ON - Other
524 Egerton Street, London, ON - Other
524 Egerton Street, London, ON - Outdoor
524 Egerton Street, London, ON -
524 Egerton Street, London, ON - Outdoor
524 Egerton Street, London, ON - Outdoor With View
524 Egerton Street, London, ON  - Outdoor
524 Egerton Street, London, ON  - Outdoor
524 Egerton Street, London, ON  - Indoor
524 Egerton Street, London, ON  - Indoor
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor Photo Showing Bedroom
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor Photo Showing Other Room
524 Egerton Street, London, ON - Indoor Photo Showing Basement
524 Egerton Street, London, ON - Indoor Photo Showing Kitchen
524 Egerton Street, London, ON - Indoor Photo Showing Bedroom
524 Egerton Street, London, ON - Indoor Photo Showing Bathroom
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor Photo Showing Other Room
524 Egerton Street, London, ON - Indoor Photo Showing Bedroom
524 Egerton Street, London, ON - Indoor Photo Showing Office
524 Egerton Street, London, ON - Indoor Photo Showing Dining Room
524 Egerton Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Indoor Photo Showing Bedroom
524 Egerton Street, London, ON - Indoor Photo Showing Bathroom
524 Egerton Street, London, ON - Indoor Photo Showing Basement
524 Egerton Street, London, ON - Indoor
524 Egerton Street, London, ON - Outdoor
524 Egerton Street, London, ON - Outdoor
524 Egerton Street, London, ON - Other
524 Egerton Street, London, ON - Other
524 Egerton Street, London, ON - Other
524 Egerton Street, London, ON - Other
524 Egerton Street, London, ON - Other
524 Egerton Street, London, ON - Other
524 Egerton Street, London, ON - Outdoor
524 Egerton Street, London, ON -
524 Egerton Street, London, ON - Outdoor
524 Egerton Street, London, ON - Outdoor With View
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524 EGERTON STREET, London, Ontario, N5W 3Z7
$1,250,000

Property Information:

Welcome to this purpose-built 6-plex, a prime multi-family investment opportunity with high income potential. The property features 4 spacious two-bedroom units and 2 larger three floor, currently being used as 3 bedroom, 1.5 bathroom units, offering versatility and appeal to a wide range of tenants. All units are thoughtfully designed for comfortable living. The building includes convenient onsite parking located at the rear, providing hassle-free access for tenants. The property is heated by 3 boilers helping to keep heating costs down. This property is steps away from popular attractions like Western Fair, 100 Kellogg Lane, and a variety of charming boutique shops. Tenants will enjoy the lifestyle convenience of nearby dining, entertainment, and local businesses, all while being just minutes from public transportation and major roadways. Ideal for investors seeking a solid income property in a desirable location. Don't miss this opportunity! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding
  • Foundation Type:
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Appliances: Refrigerator, Stove

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8+6
  • Bathrooms: 8
  • Half Bathrooms: 1
  • Irregular: Yes
  • Lot Depth: 184.0 Feet
  • Lot Frontage: 55.0 Feet
  • Lot Size: 55 x 184 FT
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 10

Courtesy of: SUTTON GROUP PREFERRED REALTY INC.

REALTOR.ca  

Location of 524 EGERTON STREET, London, Ontario, N5W 3Z7

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

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 524 EGERTON 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 35 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
35

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, 524 EGERTON STREET , experiences 11 significant 2-day storms per year, with about 328.5mm 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 404.2mm of precipitation per year.

Precipitation Per Storm

Past
328.5mm
2050
404.2mm

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 524 EGERTON STREET, London, Ontario, N5W 3Z7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,059.22

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.36 %

High school certificate or equivalent

30.63 %

Apprenticeship trade certificate/diploma

5.5 %

College/non-university certificate

27.01 %

University certificate (below bachelor)

1.38 %

University Degree

17.13 %

Commuter

Travel To Work

By Car

75.22 %

By Public Transit

10.8 %

By Walking

6.31 %

By Bicycle

1.43 %

By Other Methods

6.24 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

47.14 %

Houses

52.86 %

Own Vs. Rent