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764 KING STREET, London, Ontario, N5W 2X4

MLS® # X10412015
House For Sale In East London, London, Ontario
$499,900 QuickQuoteTM: $497K - $593K

3 Beds

2 Baths

764 King Street, London, ON - Outdoor
764 King Street, London, ON - Outdoor
764 King Street, London, ON - Indoor
764 King Street, London, ON - Indoor Photo Showing Other Room With Fireplace
764 King Street, London, ON - Indoor With Fireplace
764 King Street, London, ON - Indoor Photo Showing Other Room
764 King Street, London, ON - Indoor Photo Showing Kitchen
764 King Street, London, ON - Indoor
764 King Street, London, ON - Indoor Photo Showing Laundry Room
764 King Street, London, ON - Indoor Photo Showing Bathroom
764 King Street, London, ON - Indoor Photo Showing Bathroom
764 King Street, London, ON - Indoor Photo Showing Bedroom
764 King Street, London, ON - Outdoor With Exterior
764 King Street, London, ON - Outdoor
764 King Street, London, ON - Outdoor
764 King Street, London, ON - Outdoor
764 King Street, London, ON - Outdoor
764 King Street, London, ON  - Outdoor
764 King Street, London, ON  - Outdoor
764 King Street, London, ON  - Indoor
764 King Street, London, ON  - Indoor Photo Showing Other Room With Fireplace
764 King Street, London, ON - Indoor With Fireplace
764 King Street, London, ON - Indoor Photo Showing Other Room
764 King Street, London, ON - Indoor Photo Showing Kitchen
764 King Street, London, ON - Indoor
764 King Street, London, ON - Indoor Photo Showing Laundry Room
764 King Street, London, ON - Indoor Photo Showing Bathroom
764 King Street, London, ON - Indoor Photo Showing Bathroom
764 King Street, London, ON - Indoor Photo Showing Bedroom
764 King Street, London, ON - Outdoor With Exterior
764 King Street, London, ON - Outdoor
764 King Street, London, ON - Outdoor
764 King Street, London, ON - Outdoor
764 King Street, London, ON - Outdoor
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764 KING STREET, London, Ontario, N5W 2X4
$499,900

3 Beds

2 Baths

Property Information:

Great property to add to your investment portfolio. Fully leased until Feb 28, 2025. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. Leased until Feb 28th and the tenants would like to stay. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Amenities:
  • Basement Development: Partially finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water purifier

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 2
  • Irregular: Yes
  • Lot Depth: 164.0 Feet
  • Lot Frontage: 33.0 Feet
  • Lot Size: 33 x 164 FT
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage
  • No. of Parking Spaces: 3

Rooms:

  • Bedroom 2nd Level 4.30 m x 2.70 m
  • Bedroom 2nd Level 3.80 m x 3.00 m
  • Bedroom 2nd Level 3.20 m x 2.40 m
  • Recreation Room Basement Level 5.40 m x 3.20 m
  • Laundry Basement Level 5.00 m x 2.00 m
  • Kitchen Ground Level 3.50 m x 2.80 m
  • Dining Ground Level 4.10 m x 3.10 m
  • Living Ground Level 3.70 m x 3.70 m

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Courtesy of: INITIA REAL ESTATE (ONTARIO) LTD

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Location of 764 KING STREET, London, Ontario, N5W 2X4

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, 764 KING 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, 764 KING 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 764 KING STREET, London, Ontario, N5W 2X4

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$61,764.42

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.42 %

High school certificate or equivalent

32.35 %

Apprenticeship trade certificate/diploma

4.49 %

College/non-university certificate

21.08 %

University certificate (below bachelor)

2.07 %

University Degree

18.58 %

Commuter

Travel To Work

By Car

74.35 %

By Public Transit

15.73 %

By Walking

6.55 %

By Bicycle

0.0 %

By Other Methods

3.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

74.14 %

Houses

25.86 %

Own Vs. Rent