64 Duchess Avenue, London, ON, N6C 1N2 - investment for sale | Listing ID X9300237

64 DUCHESS AVENUE, London, Ontario, N6C 1N2

MLS® # X9300237

Investment For Sale In South London, London, Ontario

$1,499,900

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64 Duchess Avenue, London, ON - Outdoor With Exterior

64 Duchess Avenue, London, ON - Indoor Photo Showing Other Room

64 Duchess Avenue, London, ON - Indoor Photo Showing Living Room

64 Duchess Avenue, London, ON - Indoor Photo Showing Bathroom

64 Duchess Avenue, London, ON - Indoor Photo Showing Kitchen With Double Sink

64 Duchess Avenue, London, ON - Indoor Photo Showing Bedroom

64 Duchess Avenue, London, ON - Indoor Photo Showing Kitchen

64 Duchess Avenue, London, ON - Indoor Photo Showing Basement

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64 DUCHESS AVENUE, London, Ontario, N6C 1N2

$1,499,900

Property Information:

Discover this 5 Plex at 64 Duchess Ave, located in the heart of one of Canadas most sought-after neighbourhoods, Wortley Village. This fully tenanted building boasts AAA tenants across two spacious 2-bedroom units and three 1-bedroom units, ensuring steady and reliable income. On-site laundry, 6 hydro meters, 1 water meter, and 1 gas meter adds to the propertys appeal, making it easy to manage and operate. The property holds an active rental license with the City of London. Net Operating Income of $80761.84 and a current cap rate of 5.39%, this is a solid investment in a thriving community with potential for upside! Located on a corner lot in Wortley Village, known for its vibrant atmosphere and voted one of the best neighbourhoods in Canada, this property offers a turn key opportunity to invest in a highly desirable location. The property features modern conveniences with individual temperature control for each unit, allowing tenants to manage their own temperature settings for optimal comfort. With two driveways providing a total of 10 parking spots, parking is ample. Inquire about competitive financing options. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Amenities: Separate Heating Controls, Separate Hydro Meters
Basement Type: Full
Exterior Finish: Brick
Fire Protection: Controlled entry, Smoke Detectors
Foundation Type: Unknown
Heating Type: Radiant heat
Heating Fuel: Natural gas
Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer

Property Features:

Property Type: Multi-family
Bedrooms: 7
Bathrooms: 5
Amenities Nearby: Park, Public Transit
Community Features: Community Centre
Features: Flat site, Carpet Free
Irregular: Yes
Landscape Features: Landscaped
Lot Depth: 107.5 Feet
Lot Frontage: 93.6 Feet
Lot Size: 93.6 x 107.5 FT
Structure Type: Porch, Shed
Utility Type: Sewer - Installed, Cable - Installed
Zoning: R2-2
Sewer: Sanitary sewer
No. of Parking Spaces: 10

Courtesy of: KELLER WILLIAMS LIFESTYLES

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Location of 64 DUCHESS AVENUE, London, Ontario, N6C 1N2

Lifestyle
Neighbourhood

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, 64 DUCHESS AVENUE , 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 34 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past

31℃

2050

34.5℃

# Hot Days Per Year

Past

2050

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, 64 DUCHESS AVENUE , experiences 11 significant 2-day storms per year, with about 328.2mm 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 402.9mm of precipitation per year.

Precipitation Per Storm

Past

328.2mm

2050

402.9mm

48-Hour Storms Per Year

Past

2050

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 64 DUCHESS AVENUE, London, Ontario, N6C 1N2

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$124,474.46

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.61 %

High school certificate or equivalent

25.28 %

Apprenticeship trade certificate/diploma

3.61 %

College/non-university certificate

25.66 %

University certificate (below bachelor)

1.19 %

University Degree

33.65 %

Commuter

Travel To Work

By Car

87.32 %

By Public Transit

2.73 %

By Walking

5.47 %

By Bicycle

0.07 %

By Other Methods

4.41 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.36 %

Houses

72.64 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 64 DUCHESS AVENUE, London, Ontario, N6C 1N2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 64 DUCHESS AVENUE, London, Ontario, N6C 1N2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

64 DUCHESS AVENUE, London, Ontario, N6C 1N2

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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