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758 CHEAPSIDE STREET, London East (East C), Ontario, N5Y 3Y8

MLS® # X12102006
Investment For Sale In Carling, London East (East C), Ontario
$799,900
758 Cheapside Street, London East (East C), ON - Outdoor With Facade
758 Cheapside Street, London East (East C), ON  - Outdoor With Facade
758 Cheapside Street, London East (East C), ON  - Outdoor With Facade
758 Cheapside Street, London East (East C), ON  - Outdoor With Facade
758 Cheapside Street, London East (East C), ON  - Outdoor
758 Cheapside Street, London East (East C), ON - Indoor Photo Showing Living Room

MULTIMEDIA

758 CHEAPSIDE STREET, London East (East C), Ontario, N5Y 3Y8
$799,900

Property Information:

DUPLEX! ALL BRICK!! SAME OWNERS SINCE 1975!!! Stunning turn-key DUPLEX located in the heart of Carling Heights community. This beautifully maintained property has undergone improvements without losing any of its original character and charm. An amazing investment opportunity offering a lucrative return on investment. Perfect for an owner occupied duplex. Live in one unit and have the tenant pay your mortgage. Main floor 2 bedroom unit boasts beautifully appointed shaker style kitchen featuring Granite countertops, designer tile backsplash, ceramic tile flooring throughout and stainless steel appliances. Luxury spa-like bathroom boasts stunning contemporary finishes. Upper 3 bedroom unit currently rented to a long term A+ tenant. Contact listing agent for details. Separate entrances for additional privacy between units. Both units feature convenient in-suite laundry. Both units feature an OVERSIZED front porch, perfect for enjoying that morning cup of coffee or evening glass of wine. Efficient hot water boiler heating system servicing both units. Ductless air conditioning unit provides ample cooling on the main floor. Separate hydro meters. Expansive concrete driveway offers parking for 6 vehicles plus BONUS attached single car garage with inside entry. Zoning: R1-6. Contact the City of London regarding the possibility of adding an Additional Residential Unit (ARU) in the lower level. London is encouraging this form of residential development to improve housing diversity, affordability and sustainable land use. Located close to all amenities including shopping, great schools, playgrounds, public transit, London Health Sciences Centre and Fanshawe College. Time to stop thinking about owning income property and finally call yourself an investor. Do not miss this opportunity to build your real estate portfolio! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 3152 sqft
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Partially air conditioned
  • Appliances: Dishwasher, Dryer, Microwave, Range

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 1
  • Floor Space (approx): 3152 Square Feet
  • Irregular: Yes
  • Lot Depth: 125.3 Feet
  • Lot Frontage: 54.3 Feet
  • Lot Size: 54.28 x 125.31 FT
  • Zoning: R1-6
  • No. of Parking Spaces: 6

Courtesy of: CENTURY 21 FIRST CANADIAN CORP

REALTOR.ca  

Location of 758 CHEAPSIDE STREET, London East (East C), Ontario, N5Y 3Y8

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

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

54/100

Moderate

ClimateCheck®

Current data

This property, 758 CHEAPSIDE STREET , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
34

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

64/100

Moderate-High

ClimateCheck®

Current data

This property, 758 CHEAPSIDE STREET , experiences 11 significant 2-day storms per year, with about 329.8mm 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 405.7mm of precipitation per year.

Precipitation Per Storm

Past
329.8mm
2050
405.7mm

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.

Demographic Information of 758 CHEAPSIDE STREET, London East (East C), Ontario, N5Y 3Y8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$90,581.14

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.71 %

High school certificate or equivalent

34.57 %

Apprenticeship trade certificate/diploma

5.95 %

College/non-university certificate

25.51 %

University certificate (below bachelor)

1.28 %

University Degree

14.98 %

Commuter

Travel To Work

By Car

82.05 %

By Public Transit

8.72 %

By Walking

4.22 %

By Bicycle

1.09 %

By Other Methods

3.92 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.54 %

Houses

94.46 %

Own Vs. Rent