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337 BOLER ROAD, London, Ontario, N6K 2K4

MLS® # X9054135
Investment For Sale In Byron, London, Ontario
$1,198,000
337 Boler Road, London, ON - Indoor Photo Showing Kitchen
337 Boler Road, London, ON - Outdoor
337 Boler Road, London, ON - Indoor Photo Showing Kitchen
337 Boler Road, London, ON - Indoor Photo Showing Kitchen
337 Boler Road, London, ON - Indoor Photo Showing Kitchen
337 Boler Road, London, ON - Indoor Photo Showing Other Room
337 Boler Road, London, ON - Indoor Photo Showing Kitchen
337 Boler Road, London, ON - Indoor Photo Showing Other Room
337 Boler Road, London, ON - Indoor Photo Showing Bathroom
337 Boler Road, London, ON - Indoor Photo Showing Living Room With Fireplace
337 Boler Road, London, ON - Indoor Photo Showing Bathroom
337 Boler Road, London, ON - Indoor Photo Showing Bathroom
337 Boler Road, London, ON - Indoor Photo Showing Bathroom
337 Boler Road, London, ON - Indoor
337 Boler Road, London, ON - Indoor Photo Showing Kitchen
337 Boler Road, London, ON - Indoor Photo Showing Living Room With Fireplace
337 Boler Road, London, ON - Indoor Photo Showing Other Room
337 Boler Road, London, ON - Indoor With Fireplace
337 Boler Road, London, ON -
337 Boler Road, London, ON - Indoor Photo Showing Other Room
337 Boler Road, London, ON - Indoor With Fireplace
337 Boler Road, London, ON - Indoor Photo Showing Bathroom
337 Boler Road, London, ON - Indoor Photo Showing Living Room With Fireplace
337 Boler Road, London, ON - Indoor
337 Boler Road, London, ON - Indoor
337 Boler Road, London, ON - Indoor Photo Showing Living Room With Fireplace
337 Boler Road, London, ON - Indoor
337 Boler Road, London, ON - Indoor Photo Showing Other Room
337 Boler Road, London, ON - Indoor With Fireplace
337 Boler Road, London, ON - Indoor
337 Boler Road, London, ON - Indoor Photo Showing Bathroom
337 Boler Road, London, ON - Indoor Photo Showing Bedroom With Fireplace
337 Boler Road, London, ON - Outdoor
337 Boler Road, London, ON - Other
337 Boler Road, London, ON - Other
337 Boler Road, London, ON - Other
337 Boler Road, London, ON - Other
337 Boler Road, London, ON - Other
337 Boler Road, London, ON - Other
337 Boler Road, London, ON - Other
337 Boler Road, London, ON  - Indoor Photo Showing Kitchen
337 Boler Road, London, ON  - Outdoor
337 Boler Road, London, ON  - Indoor Photo Showing Kitchen
337 Boler Road, London, ON  - Indoor Photo Showing Kitchen
337 Boler Road, London, ON - Indoor Photo Showing Kitchen
337 Boler Road, London, ON - Indoor Photo Showing Other Room
337 Boler Road, London, ON - Indoor Photo Showing Kitchen
337 Boler Road, London, ON - Indoor Photo Showing Other Room
337 Boler Road, London, ON - Indoor Photo Showing Bathroom
337 Boler Road, London, ON - Indoor Photo Showing Living Room With Fireplace
337 Boler Road, London, ON - Indoor Photo Showing Bathroom
337 Boler Road, London, ON - Indoor Photo Showing Bathroom
337 Boler Road, London, ON - Indoor Photo Showing Bathroom
337 Boler Road, London, ON - Indoor
337 Boler Road, London, ON - Indoor Photo Showing Kitchen
337 Boler Road, London, ON - Indoor Photo Showing Living Room With Fireplace
337 Boler Road, London, ON - Indoor Photo Showing Other Room
337 Boler Road, London, ON - Indoor With Fireplace
337 Boler Road, London, ON -
337 Boler Road, London, ON - Indoor Photo Showing Other Room
337 Boler Road, London, ON - Indoor With Fireplace
337 Boler Road, London, ON - Indoor Photo Showing Bathroom
337 Boler Road, London, ON - Indoor Photo Showing Living Room With Fireplace
337 Boler Road, London, ON - Indoor
337 Boler Road, London, ON - Indoor
337 Boler Road, London, ON - Indoor Photo Showing Living Room With Fireplace
337 Boler Road, London, ON - Indoor
337 Boler Road, London, ON - Indoor Photo Showing Other Room
337 Boler Road, London, ON - Indoor With Fireplace
337 Boler Road, London, ON - Indoor
337 Boler Road, London, ON - Indoor Photo Showing Bathroom
337 Boler Road, London, ON - Indoor Photo Showing Bedroom With Fireplace
337 Boler Road, London, ON - Outdoor
337 Boler Road, London, ON - Other
337 Boler Road, London, ON - Other
337 Boler Road, London, ON - Other
337 Boler Road, London, ON - Other
337 Boler Road, London, ON - Other
337 Boler Road, London, ON - Other
337 Boler Road, London, ON - Other
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337 BOLER ROAD, London, Ontario, N6K 2K4
$1,198,000

Property Information:

Offering impresssive assumable financing of full exitisting mortgage which would be over 85% of the asking price with a fixed interest rate at 4.285% with 50 year ammortization and term maturity on July 1st, 2024. This allows this asset to run at at approximately a 10% cash on cash return with utulizing actual and CMHC values; amounting to over $1500 in positive cashflow monthly after all expenses and mortgage expense paid (Over $18,000 annual postive cashflow after expenses and mortgage paid). This unique and rare offering boasts the only legal sixplex in all of Byron, one of London's premiere neighbourhoods. Featuring a projected rental income of up to $100,000 per annum; with oppurtunity to add value with the placement of newtenants (and the option to seperately meter the hydro). The prestigious location makes this property an ideal candidate to attract high quality working professional tenants, especially with each unit having its own dedicated parkinginclusive with one to spare; featuring a total of seven seperate spots (in both the front and rear of the property). This property was recently renovated fullytop to bottom: with all new bathrooms, modern bespoke and retrofitted kitchens ,new flooring throughout, modern interior and exterior paint, updated exterior,new metal roof on the front portion, new high efficiency windows, updated plumbing, and a full electrical house rewire including a new 300 amp service &panels, coin laundry attachments, an owned tankless on demand hot water heater,and includes six gas fireplaces (one per unit) installed as primary heat sourcewith newer electric baseboard heaters (as secondary backup heat sources). The prime location of this property has it situated in direct proximity to public transit, a grocery store, banking, restaurants, coffee shops, a gym, clinics andin walking distance to a drug store, nature spaces, trails and parks including the pride of London's park system, Springbank Park. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Heating Type: Baseboard heaters
  • Appliances: Dryer, Range, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Bathrooms: 6
  • Amenities Nearby: Public Transit, Recreation
  • Features: Irregular lot size
  • Irregular: Yes
  • Lot Depth: 73.0 Feet
  • Lot Frontage: 64.0 Feet
  • Lot Size: 64 x 73 FT ; 64 x 73.53 x 60.69 x 8.34 x 8.34 x 58.76
  • Zoning: R6-4(11)
  • No. of Parking Spaces: 7

Courtesy of: EXP REALTY

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Location of 337 BOLER ROAD, London, Ontario, N6K 2K4

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

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 337 BOLER ROAD , 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 Precipitation Risk: Moderate-High

13 storms expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 337 BOLER ROAD , experiences 11 significant 2-day storms per year, with about 324.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 399mm of precipitation per year.

Precipitation Per Storm

Past
324.7mm
2050
399mm

48-Hour Storms Per Year

Past
11
2050
13

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 337 BOLER ROAD, London, Ontario, N6K 2K4

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$110,599.91

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.7 %

High school certificate or equivalent

24.5 %

Apprenticeship trade certificate/diploma

4.62 %

College/non-university certificate

23.6 %

University certificate (below bachelor)

2.84 %

University Degree

34.73 %

Commuter

Travel To Work

By Car

84.09 %

By Public Transit

4.61 %

By Walking

7.48 %

By Bicycle

0.0 %

By Other Methods

3.82 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.17 %

Houses

86.83 %

Own Vs. Rent