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377 LYLE STREET, London, Ontario, N5W 3R5

MLS® # X9040645
Info Plus+
Commercial For Sale In East London, London, Ontario
$4,900,000
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
377 Lyle Street, London, ON
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377 LYLE STREET, London, Ontario, N5W 3R5
$4,900,000

Property Information:

After almost a century in use as a curling facility, this iconic corner location in Old East Village is now being offered for sale. With a coveted zoning (BDC) which allows for such uses as commercial, residential or combined uses, the ability to design and build a landmark project is now available to those with a bold vision. With just over an acre of land available (check with selling agent about City of London future easment) a large residential project would fit nicely within the envelope for sale. Uses for the building can be many based on the zoning until the new owner is ready to move on their project. Bus rapid transit will soon be operational on the King Street corridor which is an added amenity to the uses for the site. (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Heating Type: Hot water radiator heat
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Retail
  • Bathrooms: 3
  • Amenities Nearby: Public Transit, Recreation
  • Farm Type: Other
  • Irregular: Yes
  • Lot Depth: 198.4 Feet
  • Lot Frontage: 153.4 Feet
  • Lot Size: 153.49 x 198.49 FT
  • Zoning: BDC
  • No. of Parking Spaces: 40

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 377 LYLE STREET, London, Ontario, N5W 3R5

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: High

35 hot days expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 377 LYLE 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:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 377 LYLE 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 377 LYLE STREET, London, Ontario, N5W 3R5

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

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Neighbourhood Notes:

Old East Village (OEV) is a historic neighbourhood in London, just east of Downtown; designated as an Ontario Heritage Conservation District in 2006 to recognize and protect its history and sense of place. With a mix of housing styles, mainly late 19th and early 20th century single detached homes, along with newer apartment buildings. There is a strong ‘front-porch’ culture throughout the Old East Village. The Western Fair Farmers and Artisans Market, open on Saturdays and Sundays, is a social feature of the neighbourhood. There are many great opportunities for recreation in Old East Village. Boyle Park has a playground, basketball court, and tennis courts, as well as a Community Centre with meeting rooms, a gymnasium, and kitchen facilities. The Western Fair District has an arena with four ice surfaces, live horse racing, a casino, and large event grounds that hosts the annual Western Fair. Queens Park is connected to the Western Fair and fronts onto Dundas Street. Carson Library Branch is also located in the heart of Old East Village. St. Mary’s Choir Catholic School is located in the neighbourhood, and students also attend East Carling Public School, Lord Roberts French Immersion, Blessed Sacrament Catholic School, and Central, Catholic Central, and H.B. Beal secondary schools.

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