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206 Central Avenue, London, ON, N6A 1M7

MLS® # 40475933
Investment For Sale In Central London, London, Ontario
$2,295,000
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
206 Central Avenue, London, ON
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Home Insurance - TD Insurance

Get a home insurance quote online for this $2,295,000 property in London

Provided by TD Insurance
206 Central Avenue, London, ON, N6A 1M7
$2,295,000

Property Information:

FABULOUS PROPERTY ON RICHMOND ROW. ANCHOR TENANT ON MAIN LEVEL IS BURRITO BOYZ. 4 LUXURY APARTMENTS WITH 11 BEDROOMS IN TOTAL, HIGH END LUXURY FINISHES. ASSUMABLE MORTGAGE OF APPROX. $1,196,992 @5.35% UNTIL NOVEMBER 1, 2025. LOCATED JUST STEPS OFF RICHMOND, WEST ON CENTRAL WITH LOTS OF PARKING IN THE BACK AND SIDE. RARE OPPORTUNITY TO OWN A LUXURY BUILDING IN THE HEART OF RICHMOND ROW. GROSS INCOME OVER $174,000. BURRITO BOYZ HAVE SIGNED A NEW 10 YEAR LEASE. ALL APARTMENTS HAVE LAMINATE FLOORS, CERAMIC, QUARTZ COUNTERTOPS, ALND STAINLESS STEEL APPLIANCES. 4 BEDROOM UNITS HAVE 2 FULLS BATHS. CONTROLLED ENTRY. RENTAL INFORMATION DOCUMENTS. SELLER LOOKING TO RETIRE POSSIBLE VTB AVAILABLE. BURRITO BOYS LEASE IS WITH CORPORATES HEAD OFFICE.

Inclusions: Carbon Monoxide Detector,Smoke Detector

Building Features:

  • Floor Space: 3506 Square Feet

Property Features:

  • Bedrooms: 11
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Brick, Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Lane/Alley Parking
  • Exterior Features: Controlled Entry, Separate Hydro Meters
  • Floor Space (approx): 3506 Square Feet
  • Heating: Baseboard, Electric, Forced Air, Geothermal
  • Interior Features: Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 111.14 Feet
  • Lot Features: Rectangular, Business Centre, City Lot, High Traffic Area, Hospital, Park, Public Transit, Shopping Nearby
  • Lot Frontage: 45.08 Feet
  • Parking Features: Asphalt
  • Roof: Asphalt
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: BDC
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 9

Courtesy of: SUTTON GROUP - SELECT REALTY INC., 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

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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 206 Central Avenue, London, ON, N6A 1M7

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

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

54/100

High

ClimateCheck®

Current data

This property, 206 Central 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
7
2050
34

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, 206 Central 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
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 206 Central Avenue, London, ON, N6A 1M7

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$110,767.31

Average Number of Children

1.46

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.56 %

High school certificate or equivalent

25.62 %

Apprenticeship trade certificate/diploma

3.04 %

College/non-university certificate

17.52 %

University certificate (below bachelor)

1.8 %

University Degree

36.87 %

Commuter

Travel To Work

By Car

63.04 %

By Public Transit

15.13 %

By Walking

17.38 %

By Bicycle

2.19 %

By Other Methods

2.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

79.63 %

Houses

19.18 %

Own Vs. Rent

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