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1567 ALLEN PLACE, London, Ontario, N5W 2V9

MLS® # X9305233
Investment For Sale In Argyle, London, Ontario
$1,599,900
1567 Allen Place, London, ON - Outdoor With Exterior
1567 Allen Place, London, ON - Outdoor
1567 Allen Place, London, ON - Outdoor
1567 Allen Place, London, ON - Outdoor With Exterior
1567 Allen Place, London, ON - Outdoor
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor Photo Showing Kitchen
1567 Allen Place, London, ON - Indoor Photo Showing Bathroom
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Laundry Room
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor Photo Showing Basement
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor Photo Showing Bathroom
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor Photo Showing Bathroom
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Kitchen
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Bathroom
1567 Allen Place, London, ON  - Outdoor With Exterior
1567 Allen Place, London, ON  - Outdoor
1567 Allen Place, London, ON  - Outdoor
1567 Allen Place, London, ON  - Outdoor With Exterior
1567 Allen Place, London, ON - Outdoor
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor Photo Showing Kitchen
1567 Allen Place, London, ON - Indoor Photo Showing Bathroom
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Laundry Room
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor Photo Showing Basement
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor Photo Showing Other Room
1567 Allen Place, London, ON - Indoor Photo Showing Bathroom
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor Photo Showing Bathroom
1567 Allen Place, London, ON - Indoor Photo Showing Bedroom
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Kitchen
1567 Allen Place, London, ON - Indoor
1567 Allen Place, London, ON - Indoor Photo Showing Bathroom
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Home Insurance - TD Insurance

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1567 ALLEN PLACE, London, Ontario, N5W 2V9
$1,599,900

Property Information:

VERY SOLID 6 UNIT BUILDING CLOSE TO FANSHAWE COLLEGE AND ALL AMENITIES. 4 X 3 BEDROOM UNITS AND 2 X 1 BEDROOM UNITS. THERE IS ALSO AN ADDITIONAL SPACE IN THE LOWER LEVEL COULD EASILY BE USED AS AN APARTMENT(CURRENTLY JUST STORAGE FOR THE OWNER) COIN LAUNDRY ON SITE. STORAGE LOCKERS AVAILABLE FOR EACH UNIT. TONS OF PARKING IN THE REAR AND BUS ROUTES VERY VERY CLOSE BY. THIS IS A TURN KEY INVESTMENT OPPORTUNITY AND CREATES FANTASTIC INCOME. 2023 NUMBERS AS FOLLOWS...Total rental income 130425.03 Laundry income 1000 Property taxes 6721 Insurance 4223 Gas 6758 Hydro 8235. THE LOCATION MAKES THESE UNITS SO EASY TO RENT. DONT MISS IT. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Exterior Finish: Brick
  • Foundation Type: Poured Concrete
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Bathrooms: 6
  • Irregular: Yes
  • Lot Depth: 150.0 Feet
  • Lot Frontage: 75.0 Feet
  • Lot Size: 75 x 150 FT
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 10

Courtesy of: CENTURY 21 FIRST CANADIAN CORP

REALTOR.ca  

Location of 1567 ALLEN PLACE, London, Ontario, N5W 2V9

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, 1567 ALLEN PLACE , 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, 1567 ALLEN PLACE , 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.

Demographic Information of 1567 ALLEN PLACE, London, Ontario, N5W 2V9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,426.57

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.16 %

High school certificate or equivalent

34.8 %

Apprenticeship trade certificate/diploma

6.21 %

College/non-university certificate

25.4 %

University Degree

9.43 %

Commuter

Travel To Work

By Car

85.77 %

By Public Transit

4.98 %

By Walking

3.08 %

By Bicycle

0.73 %

By Other Methods

5.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.02 %

Houses

59.98 %

Own Vs. Rent