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465 Ontario Street, London, ON, N5W 3X1

MLS® # 40612253
new listing
Investment For Sale In East London, London, Ontario
$649,900
465 Ontario Street, London, ON - Outdoor With Deck Patio Veranda
465 Ontario Street, London, ON - Outdoor With Deck Patio Veranda With Facade
465 Ontario Street, London, ON - Outdoor With Deck Patio Veranda With Facade
465 Ontario Street, London, ON - Outdoor With Exterior
465 Ontario Street, London, ON - Indoor Photo Showing Dining Room
465 Ontario Street, London, ON - Indoor Photo Showing Kitchen
465 Ontario Street, London, ON - Indoor Photo Showing Kitchen
465 Ontario Street, London, ON - Indoor Photo Showing Kitchen
465 Ontario Street, London, ON - Indoor Photo Showing Dining Room
465 Ontario Street, London, ON - Indoor With Fireplace
465 Ontario Street, London, ON - Indoor
465 Ontario Street, London, ON - Indoor Photo Showing Office
465 Ontario Street, London, ON - Indoor Photo Showing Gym Room
465 Ontario Street, London, ON - Indoor Photo Showing Bathroom
465 Ontario Street, London, ON - Indoor Photo Showing Bathroom
465 Ontario Street, London, ON - Indoor Photo Showing Laundry Room
465 Ontario Street, London, ON - Indoor Photo Showing Other Room
465 Ontario Street, London, ON - Indoor Photo Showing Bedroom
465 Ontario Street, London, ON - Indoor Photo Showing Bedroom
465 Ontario Street, London, ON - Indoor
465 Ontario Street, London, ON - Indoor Photo Showing Other Room
465 Ontario Street, London, ON - Indoor Photo Showing Bathroom
465 Ontario Street, London, ON - Indoor Photo Showing Other Room
465 Ontario Street, London, ON - Indoor Photo Showing Living Room
465 Ontario Street, London, ON - Indoor Photo Showing Living Room
465 Ontario Street, London, ON - Indoor Photo Showing Living Room
465 Ontario Street, London, ON - Indoor Photo Showing Living Room
465 Ontario Street, London, ON - Indoor
465 Ontario Street, London, ON - Indoor Photo Showing Kitchen
465 Ontario Street, London, ON - Indoor Photo Showing Kitchen
465 Ontario Street, London, ON - Indoor Photo Showing Dining Room
465 Ontario Street, London, ON - Indoor Photo Showing Bedroom
465 Ontario Street, London, ON - Indoor Photo Showing Bedroom
465 Ontario Street, London, ON - Indoor Photo Showing Bedroom
465 Ontario Street, London, ON - Indoor Photo Showing Bedroom
465 Ontario Street, London, ON - Indoor Photo Showing Bathroom
465 Ontario Street, London, ON - Indoor Photo Showing Bathroom
465 Ontario Street, London, ON - Outdoor
465 Ontario Street, London, ON - Outdoor With Backyard
465 Ontario Street, London, ON - Outdoor With Backyard
465 Ontario Street, London, ON - Outdoor
Matterport
465 Ontario Street, London, ON - Outdoor With Deck Patio Veranda
465 Ontario Street, London, ON - Outdoor With Deck Patio Veranda With Facade
465 Ontario Street, London, ON - Outdoor With Deck Patio Veranda With Facade
465 Ontario Street, London, ON - Outdoor With Exterior
465 Ontario Street, London, ON - Indoor Photo Showing Dining Room
465 Ontario Street, London, ON - Indoor Photo Showing Kitchen
465 Ontario Street, London, ON - Indoor Photo Showing Kitchen
465 Ontario Street, London, ON - Indoor Photo Showing Kitchen
465 Ontario Street, London, ON - Indoor Photo Showing Dining Room
465 Ontario Street, London, ON - Indoor With Fireplace
465 Ontario Street, London, ON - Indoor
465 Ontario Street, London, ON - Indoor Photo Showing Office
465 Ontario Street, London, ON - Indoor Photo Showing Gym Room
465 Ontario Street, London, ON - Indoor Photo Showing Bathroom
465 Ontario Street, London, ON - Indoor Photo Showing Bathroom
465 Ontario Street, London, ON - Indoor Photo Showing Laundry Room
465 Ontario Street, London, ON - Indoor Photo Showing Other Room
465 Ontario Street, London, ON - Indoor Photo Showing Bedroom
465 Ontario Street, London, ON - Indoor Photo Showing Bedroom
465 Ontario Street, London, ON - Indoor
465 Ontario Street, London, ON - Indoor Photo Showing Other Room
465 Ontario Street, London, ON - Indoor Photo Showing Bathroom
465 Ontario Street, London, ON - Indoor Photo Showing Other Room
465 Ontario Street, London, ON - Indoor Photo Showing Living Room
465 Ontario Street, London, ON - Indoor Photo Showing Living Room
465 Ontario Street, London, ON - Indoor Photo Showing Living Room
465 Ontario Street, London, ON - Indoor Photo Showing Living Room
465 Ontario Street, London, ON - Indoor
465 Ontario Street, London, ON - Indoor Photo Showing Kitchen
465 Ontario Street, London, ON - Indoor Photo Showing Kitchen
465 Ontario Street, London, ON - Indoor Photo Showing Dining Room
465 Ontario Street, London, ON - Indoor Photo Showing Bedroom
465 Ontario Street, London, ON - Indoor Photo Showing Bedroom
465 Ontario Street, London, ON - Indoor Photo Showing Bedroom
465 Ontario Street, London, ON - Indoor Photo Showing Bedroom
465 Ontario Street, London, ON - Indoor Photo Showing Bathroom
465 Ontario Street, London, ON - Indoor Photo Showing Bathroom
465 Ontario Street, London, ON - Outdoor
465 Ontario Street, London, ON - Outdoor With Backyard
465 Ontario Street, London, ON - Outdoor With Backyard
465 Ontario Street, London, ON - Outdoor
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Home Insurance - TD Insurance
Get a home insurance quote online for this $649,900 property in London
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Home Insurance - TD Insurance

Get a home insurance quote online for this $649,900 property in London

Provided by TD Insurance
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ACTIVE
465 Ontario Street, London, ON, N5W 3X1
$649,900

Property Information:

Fully licensed legal duplex located on quiet Old East Village street steps to great shops, restaurants, parks, trails and walking distance to downtown London. This beautifully maintained yellow brick duplex is perfect for both investors and owner occupiers looking to live in one unit and pay down a significant portion of their mortgage with the rents from the other unit. This building is extremely easy to manage with each unit conveniently having their own separate private driveway, laundry facilities, hydro meters and heat. Landlord is only responsible to pay the water. The large main floor/lower level unit features 3-4 spacious bedrooms, a bonus office/den, 2 full bathrooms, main floor laundry, an open concept kitchen with quartz countertops & stainless appliances, welcoming family room & formal dining area. 3 parking spaces available on separate private drive. The main floor unit will be vacant as of September 1, 2024, allowing the new Buyer to set their own rents or owner occupy. Current market rents for this main floor unit are approximately $2,650 plus hydro & gas for a family or $3,200 plus hydro & gas for students. The upstairs unit features 2 spacious bedrooms, a family room, kitchen and 4pc bathroom. There are 2 parking spaces available on a separate private drive. The upstairs unit is currently on lease at fair market value for $1,600 plus hydro from May 1, 2024 – April 30, 2025. Both units are in fantastic condition. Private fully fenced yard in rear great for activities and pets. Lovely covered porch in front perfect for morning coffees or evening cocktails. Recent upgrades include a new gas furnace (2020), A/C (2020), 125 AMP electrical panel, and new painting & lighting throughout. This is a perfect opportunity to get into the market and own your own home in desirable Old East Village. City of London Rental License and upstairs lease attached in the documents tab.

Inclusions: Other,2 Refrigerators, 2 Stoves, 2 Dishwashers, 2 Washers, 2 Dryers

Building Features:

  • Floor Space: 1612 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 1612 Square Feet
  • Heating: Baseboard, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Features: Rectangular, City Lot, Library, Park, Place of Worship, Playground Nearby, Rec./Community Centre, Schools, Shopping Nearby, Trails
  • Lot Frontage: 42.00 Feet
  • Roof: Shingle
  • Water Source: Municipal
  • Zoning: R3-2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: COLDWELL BANKER POWER REALTY, BROKERAGE

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
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

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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 465 Ontario Street, London, ON, N5W 3X1

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: High

35 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 465 Ontario 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 Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 465 Ontario 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 465 Ontario Street, London, ON, N5W 3X1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,086.13

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.34 %

High school certificate or equivalent

30.71 %

Apprenticeship trade certificate/diploma

3.89 %

College/non-university certificate

28.91 %

University certificate (below bachelor)

1.35 %

University Degree

21.8 %

Commuter

Travel To Work

By Car

73.98 %

By Public Transit

12.06 %

By Walking

5.55 %

By Bicycle

2.6 %

By Other Methods

5.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.91 %

Houses

61.09 %

Own Vs. Rent

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