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416 HAMILTON ROAD, London, Ontario, N5Z 1R9

MLS® # X11892060
Commercial For Sale In Hamilton Road, London, Ontario
$499,000
416 Hamilton Road, London, ON
416 Hamilton Road, London, ON
416 Hamilton Road, London, ON
416 Hamilton Road, London, ON
416 Hamilton Road, London, ON
416 Hamilton Road, London, ON
416 Hamilton Road, London, ON
416 Hamilton Road, London, ON
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ACTIVE
416 HAMILTON ROAD, London, Ontario, N5Z 1R9
$499,000

Property Information:

A well maintained and unique freehold commercial building available for purchase. The space consists of approximately 1,100sqft of a well equipped entry and large kitchen space with a back door. Basement includes an approximate additional 800sqft of storage space and two washrooms. Buyers have the opportunity to purchase the property and the currently tenanted business to maximize their revenue stream! Offering great value, being a landlord is a rewarding experience. Currently tenanted to Romano's Pizza & Wings (business is also for sale separately) with a long term lease expiring April 30th 2029, collecting $2,825 (including HST incremental increase of $100/year). Lease available upon request. **EXTRAS** Please call listing agents to book showings. (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Irregular: Yes
  • Lot Frontage: 23.7 Feet
  • Lot Size: 23.67 FT
  • Zoning: BDC(36)*H13
  • Sewer: Septic System

Courtesy of: RE/MAX ADVANTAGE REALTY LTD.

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 416 HAMILTON ROAD, London, Ontario, N5Z 1R9

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, 416 HAMILTON ROAD , 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, 416 HAMILTON ROAD , 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 416 HAMILTON ROAD, London, Ontario, N5Z 1R9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$79,581.57

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.59 %

High school certificate or equivalent

36.21 %

Apprenticeship trade certificate/diploma

6.78 %

College/non-university certificate

22.62 %

University certificate (below bachelor)

0.09 %

University Degree

9.71 %

Commuter

Travel To Work

By Car

81.45 %

By Public Transit

7.83 %

By Walking

5.9 %

By Bicycle

0.21 %

By Other Methods

4.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.78 %

Houses

73.22 %

Own Vs. Rent

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