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387 HORTON ST E, London, Ontario, N6B 1L6

MLS® # X8150402
Investment For Sale In Central London, London, Ontario
$795,000
387 Horton St E, London, ON - Outdoor
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Living Room
387 Horton St E, London, ON - Indoor Photo Showing Kitchen With Double Sink
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Other Room
387 Horton St E, London, ON - Indoor Photo Showing Bedroom
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Bedroom
387 Horton St E, London, ON - Indoor Photo Showing Bathroom
387 Horton St E, London, ON - Indoor Photo Showing Kitchen With Double Sink
387 Horton St E, London, ON - Indoor Photo Showing Kitchen
387 Horton St E, London, ON - Indoor Photo Showing Kitchen With Double Sink
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Bathroom
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Bedroom
387 Horton St E, London, ON - Indoor Photo Showing Living Room
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON -
387 Horton St E, London, ON - Indoor Photo Showing Bathroom
387 Horton St E, London, ON - Indoor Photo Showing Kitchen
387 Horton St E, London, ON - Indoor Photo Showing Kitchen
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Bedroom
387 Horton St E, London, ON - Indoor Photo Showing Other Room
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Other Room
387 Horton St E, London, ON - Indoor Photo Showing Bathroom
387 Horton St E, London, ON - Indoor Photo Showing Bathroom
387 Horton St E, London, ON - Indoor Photo Showing Bedroom
387 Horton St E, London, ON - Indoor Photo Showing Other Room
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Other Room
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Bathroom
387 Horton St E, London, ON - Outdoor
387 Horton St E, London, ON - Outdoor
387 Horton St E, London, ON - Outdoor
387 Horton St E, London, ON - Outdoor
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Living Room
387 Horton St E, London, ON - Indoor Photo Showing Kitchen With Double Sink
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Other Room
387 Horton St E, London, ON - Indoor Photo Showing Bedroom
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Bedroom
387 Horton St E, London, ON - Indoor Photo Showing Bathroom
387 Horton St E, London, ON - Indoor Photo Showing Kitchen With Double Sink
387 Horton St E, London, ON - Indoor Photo Showing Kitchen
387 Horton St E, London, ON - Indoor Photo Showing Kitchen With Double Sink
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Bathroom
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Bedroom
387 Horton St E, London, ON - Indoor Photo Showing Living Room
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON -
387 Horton St E, London, ON - Indoor Photo Showing Bathroom
387 Horton St E, London, ON - Indoor Photo Showing Kitchen
387 Horton St E, London, ON - Indoor Photo Showing Kitchen
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Bedroom
387 Horton St E, London, ON - Indoor Photo Showing Other Room
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Other Room
387 Horton St E, London, ON - Indoor Photo Showing Bathroom
387 Horton St E, London, ON - Indoor Photo Showing Bathroom
387 Horton St E, London, ON - Indoor Photo Showing Bedroom
387 Horton St E, London, ON - Indoor Photo Showing Other Room
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Other Room
387 Horton St E, London, ON - Indoor
387 Horton St E, London, ON - Indoor Photo Showing Bathroom
387 Horton St E, London, ON - Outdoor
387 Horton St E, London, ON - Outdoor
387 Horton St E, London, ON - Outdoor
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Home Insurance - TD Insurance
Get a home insurance quote online for this $795,000 property in London
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $795,000 property in London

Provided by TD Insurance
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ACTIVE
387 HORTON ST E, London, Ontario, N6B 1L6
$795,000

Property Information:

Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58,000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Unfinished
  • Basement Type: Crawl space
  • Exterior Finish: Stucco, Vinyl siding
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 5
  • Irregular: Yes
  • Lot Size: 33 x 165 FT
  • No. of Parking Spaces: 4

Courtesy of: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE

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 387 HORTON ST E, London, Ontario, N6B 1L6

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, 387 HORTON ST E , 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, 387 HORTON ST E , 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 387 HORTON ST E, London, Ontario, N6B 1L6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$77,790.80

Average Number of Children

1.45

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.64 %

High school certificate or equivalent

29.01 %

Apprenticeship trade certificate/diploma

4.86 %

College/non-university certificate

22.36 %

University certificate (below bachelor)

2.06 %

University Degree

22.07 %

Commuter

Travel To Work

By Car

73.67 %

By Public Transit

10.79 %

By Walking

11.61 %

By Bicycle

0.0 %

By Other Methods

3.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

67.26 %

Houses

32.74 %

Own Vs. Rent

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