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626 Princess Avenue, London, ON, N5W 3M1

MLS® # 40530829
Investment For Sale In East London, London, Ontario
$629,900
626 Princess Avenue, London, ON - Outdoor With Deck Patio Veranda With Facade
626 Princess Avenue, London, ON - Outdoor With Deck Patio Veranda
626 Princess Avenue, London, ON - Outdoor With Backyard
626 Princess Avenue, London, ON - Other
626 Princess Avenue, London, ON  - Outdoor With Deck Patio Veranda With Facade
626 Princess Avenue, London, ON  - Outdoor With Deck Patio Veranda
626 Princess Avenue, London, ON  - Outdoor With Backyard
626 Princess Avenue, London, ON  - Other
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626 Princess Avenue, London, ON, N5W 3M1
$629,900

Property Information:

It's not very often that one comes across an opportunity that allows them the ability to invest in a highly sought after area like Old East Village. The opportunity to own 4 side by side duplexed units that are in excellent condition on deep lots, the City of London would likely look favourably upon a request to add additional new units to the rear of these homes due to the excess land available at the rear of the individual properties. Although the owners will consider selling them off individually, the preferred option is to sell them as a group. 626 Princess Ave., consists of a main level 2 bedroom unit with 4-pc bath. The upper unit consists of a spacious 1 bedroom unit with 4 pc bath. All rooms in both units are spacious with lots of natural light. This property has had various renovations over the years and is in very good condition.

Inclusions: Smoke Detector

Building Features:

  • Floor Space: 1500 Square Feet

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Full, Unfinished
  • Cooling: Central Air
  • Driveway Parking: None
  • Floor Space (approx): 1500 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Shared
  • Lot Depth: 220 Feet
  • Lot Features: Rectangular, High Traffic Area, Park, Playground Nearby, Public Parking, Public Transit, Rec./Community Centre, Shopping Nearby
  • Lot Frontage: 30.00 Feet
  • Other Structures: None
  • Parking Features: Mutual/Shared
  • Road Frontage Type: Municipal Road
  • Roof: Metal
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Water Treatment:
  • Zoning: R3-2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

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

Location of 626 Princess Avenue, London, ON, N5W 3M1

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, 626 Princess 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 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, 626 Princess Avenue , 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 626 Princess Avenue, London, ON, N5W 3M1

Life Stage

Young Couples

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

Neighbourhood Notes:

Old East Village (OEV) is a historic neighbourhood in London, just east of Downtown; designated as an Ontario Heritage Conservation District in 2006 to recognize and protect its history and sense of place. With a mix of housing styles, mainly late 19th and early 20th century single detached homes, along with newer apartment buildings. There is a strong ‘front-porch’ culture throughout the Old East Village. The Western Fair Farmers and Artisans Market, open on Saturdays and Sundays, is a social feature of the neighbourhood. There are many great opportunities for recreation in Old East Village. Boyle Park has a playground, basketball court, and tennis courts, as well as a Community Centre with meeting rooms, a gymnasium, and kitchen facilities. The Western Fair District has an arena with four ice surfaces, live horse racing, a casino, and large event grounds that hosts the annual Western Fair. Queens Park is connected to the Western Fair and fronts onto Dundas Street. Carson Library Branch is also located in the heart of Old East Village. St. Mary’s Choir Catholic School is located in the neighbourhood, and students also attend East Carling Public School, Lord Roberts French Immersion, Blessed Sacrament Catholic School, and Central, Catholic Central, and H.B. Beal secondary schools.