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353 Central Avenue, London, ON, N6B 2E3

MLS® # 40637448
Investment For Sale In Central London, London, Ontario
$999,999
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
Virtual Tour
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
353 Central Avenue, London, ON
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Home Insurance - TD Insurance

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

Provided by TD Insurance
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ACTIVE
353 Central Avenue, London, ON, N6B 2E3
$999,999

Property Information:

Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. 3 units currently rented with unit 1 being vacant, but in the place property manager is actively looking for a new tenant or better yet, move into unit 1 and let the others pay your mortgage! This is a turn-key rental property that will add considerable value to your current holdings or make a great first investment!

Inclusions: None,Rent For Each Unit: Unit 1- $1,950 (3 Bed), Unit 2- $1,500 (2 Bed), Unit 3- $544.50 (1 Bed), Unit 4- $1,800 (2 Bed). Current Property Manager In Place Charges 7% Of Monthly Rent.

Exclusions : Tenants Belongings

Building Features:

  • Floor Space: 3151 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Partial, Finished
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 3151 Square Feet
  • Heating: Baseboard, Electric
  • Laundry Features: In-Suite
  • Lot Depth: 132.58 Feet
  • Lot Features: Park, Place of Worship, Public Transit
  • Lot Frontage: 34.12 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: Residential
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: RIGHT AT HOME REALTY BROKERAGE

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Location of 353 Central Avenue, London, ON, N6B 2E3

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, 353 Central Avenue , 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, 353 Central Avenue , 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 353 Central Avenue, London, ON, N6B 2E3

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$110,767.31

Average Number of Children

1.46

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.15 %

High school certificate or equivalent

28.34 %

Apprenticeship trade certificate/diploma

3.36 %

College/non-university certificate

19.38 %

University certificate (below bachelor)

1.99 %

University Degree

40.78 %

Commuter

Travel To Work

By Car

63.05 %

By Public Transit

15.13 %

By Walking

17.38 %

By Bicycle

2.19 %

By Other Methods

2.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

80.59 %

Houses

19.41 %

Own Vs. Rent

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