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1467 MCLARENWOOD TERRACE, London, Ontario, N5W 1X8

MLS® # X10433561
new listing
House For Sale In East London, London, Ontario
$725,000 QuickQuoteTM: $619K - $739K

4+2 Beds

3 Baths

1467 Mclarenwood Terrace, London, ON - Outdoor
1467 Mclarenwood Terrace, London, ON - Outdoor
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Living Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Living Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Bedroom
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Bedroom
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Bathroom
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Living Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Living Room With Fireplace
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Living Room
1467 Mclarenwood Terrace, London, ON - Indoor
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Bedroom
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Bathroom
1467 Mclarenwood Terrace, London, ON - Indoor
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen With Double Sink
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Bathroom
1467 Mclarenwood Terrace, London, ON - Outdoor
1467 Mclarenwood Terrace, London, ON - Outdoor
1467 Mclarenwood Terrace, London, ON - Outdoor With Exterior
1467 Mclarenwood Terrace, London, ON - Outdoor
1467 Mclarenwood Terrace, London, ON - Outdoor With Deck Patio Veranda With Exterior
1467 Mclarenwood Terrace, London, ON - Outdoor
1467 Mclarenwood Terrace, London, ON - Outdoor With Exterior
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Laundry Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Garage
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Outdoor
1467 Mclarenwood Terrace, London, ON - Outdoor
1467 Mclarenwood Terrace, London, ON - Outdoor
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Living Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Living Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Bedroom
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Bedroom
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Bathroom
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Living Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Living Room With Fireplace
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Living Room
1467 Mclarenwood Terrace, London, ON - Indoor
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Bedroom
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Bathroom
1467 Mclarenwood Terrace, London, ON - Indoor
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Kitchen With Double Sink
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Bathroom
1467 Mclarenwood Terrace, London, ON - Outdoor
1467 Mclarenwood Terrace, London, ON - Outdoor
1467 Mclarenwood Terrace, London, ON - Outdoor With Exterior
1467 Mclarenwood Terrace, London, ON - Outdoor
1467 Mclarenwood Terrace, London, ON - Outdoor With Deck Patio Veranda With Exterior
1467 Mclarenwood Terrace, London, ON - Outdoor
1467 Mclarenwood Terrace, London, ON - Outdoor With Exterior
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Laundry Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Garage
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Indoor Photo Showing Other Room
1467 Mclarenwood Terrace, London, ON - Outdoor
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Home Insurance - TD Insurance
Get a home insurance quote online for this $725,000 property in London
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $725,000 property in London

Provided by TD Insurance
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ACTIVE
1467 MCLARENWOOD TERRACE, London, Ontario, N5W 1X8
$725,000

4+2 Beds

3 Baths

Property Information:

Investors, take note! This turnkey triplex is a rare opportunity to own or live in one of the units while enjoying a well-maintained income property in a desirable family-friendly neighbourhood. Fully licensed and fire inspected. Offering three spacious two-bedroom units, the property has been updated with modern kitchens, bathrooms and flooring, as well as updated heating, plumbing, and electrical systems. Roofing was updated in 2019. Projected to generate $40,630 in gross rental income for 2024, with operating expenses estimated at $11,826, the property is set to achieve a net income of approximately $28,804. With its fair market rental potential of $64,200 annually, this property offers both immediate returns and exciting long-term growth potential. Current rents for the middle and lower units are $1,225 per month, including utilities, with reliable, long-term tenants who wish to stay. The recently vacated upper unit provides an excellent option for owner-occupancy or securing a new tenant at market rent of $1,750 or more. On-site coin laundry is available. Additional highlights include ample parking and a private rear yard, all within close proximity to parks, schools, and public transit. Whether youre a seasoned investor or just starting your portfolio, this low-maintenance, high-performing property is an exceptional opportunity. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Foundation Type: Block
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Appliances: Dishwasher, Refrigerator, Stove

Property Features:

  • Property Type: Single Family
  • Bedrooms: 4+2
  • Bathrooms: 3
  • Features: Irregular lot size
  • Irregular: Yes
  • Lot Depth: 107.1 Feet
  • Lot Frontage: 45.1 Feet
  • Lot Size: 45.16 x 107.12 FT ; 107.12 ft x 45.13ftx111.00ft x 45.16ft
  • Zoning: R3-2
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 6

Rooms:

  • Kitchen 2nd Level 3.36 m x 4.89 m
  • Living 2nd Level 6.77 m x 3.30 m
  • Bedroom 2nd Level 3.36 m x 3.82 m
  • 2nd Bedroom 2nd Level 2.73 m x 3.38 m
  • Living 2nd Level 6.71 m x 3.29 m
  • Bedroom 2nd Level 3.35 m x 3.84 m
  • 2nd Bedroom 2nd Level 2.76 m x 3.32 m
  • Bedroom Lower Level 3.22 m x 3.16 m
  • 2nd Bedroom Lower Level 3.20 m x 2.84 m
  • Kitchen Lower Level 4.78 m x 3.17 m
  • Living Lower Level 4.58 m x 3.21 m
  • Kitchen Main Level 4.88 m x 3.36 m

Convert Measurement to:

Courtesy of: EXP REALTY

REALTOR.ca  

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Location of 1467 MCLARENWOOD TERRACE, London, Ontario, N5W 1X8

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, 1467 MCLARENWOOD TERRACE , 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

64/100

Moderate-High

ClimateCheck®

Current data

This property, 1467 MCLARENWOOD TERRACE , experiences 11 significant 2-day storms per year, with about 329.2mm 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 405.6mm of precipitation per year.

Precipitation Per Storm

Past
329.2mm
2050
405.6mm

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.

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Demographic Information of 1467 MCLARENWOOD TERRACE, London, Ontario, N5W 1X8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,705.23

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.43 %

High school certificate or equivalent

40.52 %

Apprenticeship trade certificate/diploma

7.28 %

College/non-university certificate

17.11 %

University certificate (below bachelor)

0.72 %

University Degree

8.94 %

Commuter

Travel To Work

By Car

90.18 %

By Public Transit

2.94 %

By Walking

6.53 %

By Bicycle

0.0 %

By Other Methods

0.35 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

49.6 %

Houses

50.4 %

Own Vs. Rent

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