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29 CARTWRIGHT STREET, London, Ontario, N6B 2W5

MLS® # X11894325
new listing
Investment For Sale In Central London, London, Ontario
$1,999,000
29 Cartwright Street, London, ON - Outdoor With Facade
29 Cartwright Street, London, ON - Outdoor With Facade
29 Cartwright Street, London, ON - Outdoor
29 Cartwright Street, London, ON - Outdoor
29 Cartwright Street, London, ON - Outdoor
29 Cartwright Street, London, ON - Outdoor With Facade
29 Cartwright Street, London, ON - Outdoor With Facade
29 Cartwright Street, London, ON - Outdoor
29 Cartwright Street, London, ON - Outdoor
29 Cartwright Street, London, ON - Outdoor
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Home Insurance - TD Insurance
Get a home insurance quote online for this $1,999,000 property in London
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $1,999,000 property in London

Provided by TD Insurance
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29 CARTWRIGHT STREET, London, Ontario, N6B 2W5
$1,999,000

Property Information:

Rare opportunity to purchase a building like this in the core area. Solid brick 12 unit apartment building. Huge upside potential with rents in the $1350. A month range of value of $2,800,000 at 5% cap rate potential rents of $1600 a month with high end finishes to the units and a projected market value of almost $3,600,000 at a 5% cap rate. Lots of parking in the back parking lot. Solid built building. Roof approx. 8 years old. Located right downtown within walking distance to shops, Victoria park and all amenities. 11 one bedroom apartments and 1 bachelor apartment. Laundry located in lower level. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Exterior Finish: Brick
  • Foundation Type: Concrete
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Appliances: Dryer, Refrigerator, Two stoves, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8+3
  • Bathrooms: 12
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Features: Lane
  • Irregular: Yes
  • Lot Depth: 166.0 Feet
  • Lot Frontage: 60.0 Feet
  • Lot Size: 60 x 166 FT
  • Zoning: R3-2
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 12

Courtesy of: SUTTON GROUP - SELECT REALTY

REALTOR.ca  

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Location of 29 CARTWRIGHT STREET, London, Ontario, N6B 2W5

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, 29 CARTWRIGHT 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, 29 CARTWRIGHT 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.

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Demographic Information of 29 CARTWRIGHT STREET, London, Ontario, N6B 2W5

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$103,386.05

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.01 %

High school certificate or equivalent

27.73 %

Apprenticeship trade certificate/diploma

4.17 %

College/non-university certificate

22.71 %

University certificate (below bachelor)

1.46 %

University Degree

34.92 %

Commuter

Travel To Work

By Car

68.02 %

By Public Transit

10.63 %

By Walking

16.14 %

By Bicycle

2.25 %

By Other Methods

2.96 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

70.2 %

Houses

29.8 %

Own Vs. Rent

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