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354 Spruce Street, London, ON, N5W 4N7

MLS® # 40482880
Investment For Sale In Argyle, London, Ontario
$744,444
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
354 Spruce Street, London, ON
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MULTIMEDIA

Home Insurance - TD Insurance

Get a home insurance quote online for this $744,444 property in London

Provided by TD Insurance
354 Spruce Street, London, ON, N5W 4N7
$744,444

Property Information:

Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. Thie entire property is rented for $5085 a month which is equal to over $61,000 a year in rental income; with all three units on a fresh one year lease until November 2024. The high quality tenants were placed by a turn key property management company that will stay on managing. Top to bottom, nearly everything has been redone — from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Seller financing / vendor take back option for half the downpayment possible for qualified buyers. Don’t wait!

Inclusions: Carbon Monoxide Detector,Hot Water Tank Owned,Smoke Detector,3 Stoves, 3 Refridgerators, 2 Hooded Vents, Washer, On Demand Hot Water Tank

Exclusions : Tenant Owned Items

Building Features:

  • Floor Space: 1452 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Full, Unfinished
  • Construction Materials: Block, Vinyl Siding
  • Cooling: None
  • Driveway Parking: Front Yard Parking, Private Drive Single Wide
  • Exterior Features: Balcony, Landscape Lighting, Lighting, Private Entrance, Year Round Living
  • Fencing: Full
  • Floor Space (approx): 1452 Square Feet
  • Heating: Electric, Forced Air, Natural Gas
  • Interior Features: Accessory Apartment
  • Laundry Features: In-Suite
  • Lot Depth: 233 Feet
  • Lot Features: Rectangular, Airport, Ample Parking, Business Centre, Dog Park, City Lot, Hospital, Library, Open Spaces, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Regional Mall, School Bus Route, Schools, Shopping Nearby, Trails
  • Lot Frontage: 40.00 Feet
  • Parking Features: Gravel
  • Road Frontage Type: Year Round Road
  • Road Surface Type: Paved
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector
  • Water Source: Municipal
  • Waterfront Features:
  • Zoning: R2-3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: EXP REALTY OF CANADA INC.

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 354 Spruce Street, London, ON, N5W 4N7

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, 354 Spruce Street , 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

64/100

ClimateCheck®

Current data

This property, 354 Spruce Street , experiences 11 significant 2-day storms per year, with about 329.2mm 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 405.6mm of precipitation per year.

Precipitation Per Storm

Past
329.2mm
2050
405.6mm

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 354 Spruce Street, London, ON, N5W 4N7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,426.57

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.53 %

High school certificate or equivalent

33.89 %

Apprenticeship trade certificate/diploma

6.05 %

College/non-university certificate

24.73 %

University Degree

9.18 %

Commuter

Travel To Work

By Car

85.77 %

By Public Transit

4.98 %

By Walking

3.08 %

By Bicycle

0.73 %

By Other Methods

5.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.0 %

Houses

59.95 %

Own Vs. Rent

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