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1166 Hamilton Road, London, ON, N5W 1A9

MLS® # 40509878
Investment For Sale In Hamilton Road, London, Ontario
$2
1166 Hamilton Road, London, ON - Outdoor With Facade
1166 Hamilton Road, London, ON - Outdoor
1166 Hamilton Road, London, ON - Outdoor
1166 Hamilton Road, London, ON - Outdoor
1166 Hamilton Road, London, ON - Outdoor
1166 Hamilton Road, London, ON  - Outdoor With Facade
1166 Hamilton Road, London, ON  - Outdoor
1166 Hamilton Road, London, ON  - Outdoor
1166 Hamilton Road, London, ON  - Outdoor
1166 Hamilton Road, London, ON - Outdoor
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1166 Hamilton Road, London, ON, N5W 1A9
$2

Property Information:

Asking price is $2,600,000 plus assumption of $2,880,000 funding. Purpose built 26 suite apartment building consisting of one bedroom suites. The building is four stories and constructed in 2017. 30 surface parking stalls, bicycle parking, flat roof, in house coin operated laundry (3 washers / 3 dryers) and one elevator. Security system with cameras and controlled entry. 4 units are accessible. Located in a residential neighbourhood in southeast London, within walking distance to parks, transit, schools, and shopping. 10 minute drive to Hwy 401 interchange. Rents are plus electricity and the building has funding tied to affordability. Buyer must assume funding. CA signed by Buyer required. Please do not disturb tenants, do not go direct.

Inclusions: Other

Building Features:

  • Floor Space: 25475 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range:
  • Basement: None
  • Construction Materials: Stucco
  • Cooling: Wall Unit(s)
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 25475 Square Feet
  • Heating: Wall Furnace
  • Interior Features: Elevator, Separate Hydro Meters, None
  • Laundry Features: Coin Operated
  • Lot Features: Irregular Lot, High Traffic Area, Park, Public Transit, Shopping Nearby
  • Lot Frontage: 160.00 Feet
  • Roof: Flat
  • Water Source: Municipal
  • Zoning: R7,D100,H20/R9-1,H20
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 30

Courtesy of: COLLIERS SOUTHWESTERN ONTARIO, BROKERAGE

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 1166 Hamilton Road, London, ON, N5W 1A9

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

31 hot days expected in 2050

Projected Storm Risk: Significant

11 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

48/100

High

ClimateCheck®

Current data

This property, 1166 Hamilton Road , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 35 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
35℃

# Hot Days Per Year

Past
7
2050
31

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: Significant

11 storms expected in 2050

23/100

Significant

ClimateCheck®

Current data

This property, 1166 Hamilton Road , experiences 10 significant 2-day storms per year, with about 207.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 220.3mm of precipitation per year.

Precipitation Per Storm

Past
207.4mm
2050
220.3mm

48-Hour Storms Per Year

Past
10
2050
11

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 1166 Hamilton Road, London, ON, N5W 1A9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$101,585.87

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.28 %

High school certificate or equivalent

34.72 %

Apprenticeship trade certificate/diploma

5.83 %

College/non-university certificate

27.71 %

University certificate (below bachelor)

0.12 %

University Degree

9.34 %

Commuter

Travel To Work

By Car

87.05 %

By Public Transit

8.01 %

By Walking

0.09 %

By Bicycle

0.0 %

By Other Methods

4.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.07 %

Houses

71.93 %

Own Vs. Rent