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93 HIGH STREET, London, Ontario, N6C 4J8

MLS® # X10408630
Investment For Sale In South London, London, Ontario
$4,500,000
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
93 High Street, London, ON
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93 HIGH STREET, London, Ontario, N6C 4J8
$4,500,000

Property Information:

This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out! (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 291.0 Feet
  • Lot Frontage: 49.7 Feet
  • Lot Size: 49.67 x 291 FT
  • Zoning: R9-4
  • No. of Parking Spaces: 30

Courtesy of: THRIVE REALTY GROUP INC.

REALTOR.ca  

Location of 93 HIGH STREET, London, Ontario, N6C 4J8

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, 93 HIGH 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: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 93 HIGH 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.

Demographic Information of 93 HIGH STREET, London, Ontario, N6C 4J8

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$99,418.14

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.47 %

High school certificate or equivalent

26.8 %

Apprenticeship trade certificate/diploma

4.98 %

College/non-university certificate

25.0 %

University certificate (below bachelor)

2.19 %

University Degree

28.56 %

Commuter

Travel To Work

By Car

75.02 %

By Public Transit

9.81 %

By Walking

9.57 %

By Bicycle

0.0 %

By Other Methods

5.6 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

58.58 %

Houses

41.42 %

Own Vs. Rent