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36 Essex Street, London, ON, N6G 1B2

MLS® # 40358084
Investment For Sale In Medway, London, Ontario
$1,299,000
36 Essex Street, London, ON - Outdoor
36 Essex Street, London, ON - Other
36 Essex Street, London, ON - Outdoor
36 Essex Street, London, ON - Outdoor With Exterior
36 Essex Street, London, ON - Outdoor
36 Essex Street, London, ON - Outdoor
36 Essex Street, London, ON - Outdoor With Exterior
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Living Room
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
36 Essex Street, London, ON - Indoor Photo Showing Kitchen
36 Essex Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
36 Essex Street, London, ON - Indoor Photo Showing Bathroom
36 Essex Street, London, ON - Indoor Photo Showing Bathroom
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Bedroom
36 Essex Street, London, ON - Indoor Photo Showing Bedroom
36 Essex Street, London, ON - Indoor
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Bedroom
36 Essex Street, London, ON - Indoor
36 Essex Street, London, ON - Indoor Photo Showing Living Room
36 Essex Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
36 Essex Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
36 Essex Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
36 Essex Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
36 Essex Street, London, ON - Indoor
36 Essex Street, London, ON - Indoor Photo Showing Bathroom
36 Essex Street, London, ON - Indoor Photo Showing Bathroom
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor
36 Essex Street, London, ON - Indoor
36 Essex Street, London, ON - Indoor Photo Showing Bathroom
36 Essex Street, London, ON - Indoor Photo Showing Bathroom
36 Essex Street, London, ON - Indoor Photo Showing Kitchen
36 Essex Street, London, ON - Indoor Photo Showing Laundry Room
36 Essex Street, London, ON - Indoor Photo Showing Laundry Room
36 Essex Street, London, ON - Indoor Photo Showing Basement
36 Essex Street, London, ON  - Outdoor
36 Essex Street, London, ON  - Other
36 Essex Street, London, ON  - Outdoor
36 Essex Street, London, ON  - Outdoor With Exterior
36 Essex Street, London, ON - Outdoor
36 Essex Street, London, ON - Outdoor
36 Essex Street, London, ON - Outdoor With Exterior
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Living Room
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
36 Essex Street, London, ON - Indoor Photo Showing Kitchen
36 Essex Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
36 Essex Street, London, ON - Indoor Photo Showing Bathroom
36 Essex Street, London, ON - Indoor Photo Showing Bathroom
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Bedroom
36 Essex Street, London, ON - Indoor Photo Showing Bedroom
36 Essex Street, London, ON - Indoor
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor Photo Showing Bedroom
36 Essex Street, London, ON - Indoor
36 Essex Street, London, ON - Indoor Photo Showing Living Room
36 Essex Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
36 Essex Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
36 Essex Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
36 Essex Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
36 Essex Street, London, ON - Indoor
36 Essex Street, London, ON - Indoor Photo Showing Bathroom
36 Essex Street, London, ON - Indoor Photo Showing Bathroom
36 Essex Street, London, ON - Indoor Photo Showing Other Room
36 Essex Street, London, ON - Indoor
36 Essex Street, London, ON - Indoor
36 Essex Street, London, ON - Indoor Photo Showing Bathroom
36 Essex Street, London, ON - Indoor Photo Showing Bathroom
36 Essex Street, London, ON - Indoor Photo Showing Kitchen
36 Essex Street, London, ON - Indoor Photo Showing Laundry Room
36 Essex Street, London, ON - Indoor Photo Showing Laundry Room
36 Essex Street, London, ON - Indoor Photo Showing Basement
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36 Essex Street, London, ON, N6G 1B2
$1,299,000

Property Information:

ATTENTION INVESTORS! PURPOSE BUILT ALL BRICK FULLY RENTED LEGAL DUPLEX IN PRIME LOCATION!***NEW LEASES FOR MAY 1/2023 TO APRIL 30/2024!!! OVER $100,000.00 ANNUAL INCOME!!! TENANTS PAY ALL UTILITIES!!!*** HIGHLY DESIRABLE UWO STUDENT RENTAL AREA, ALWAYS EASILY RENTED! PROPOSED ONTARIO GOVERNMENT HOUSING CHANGES POTENTIALLY ALLOW FOR ADDITIONAL AUXILIARY DWELLING ON PROPERTY WITH MINIMAL RESTRICTIONS & DEVELOPMENT CHARGE EXEMPTIONS! UNITS CONTAIN INDIVIDUAL FURNACES, LAUNDRY, HYDRO PANELS & WATER HEATERS… SEPARATELY METERED! LOW MAINTENANCE ALL BRICK EXTERIOR. SPACIOUS UNITS WITH LARGE BEDROOMS & COMMON AREAS. WITHIN WALKING DISTANCE TO UWO, BUS STOPS, RESTAURANTS & DOWNTOWN. CLOSE TO TRAILS, UNIVERSITY HOSPITAL & SHOPPING. PRIVATE SINGLE WIDE DRIVEWAY & PRIVATE REAR PARKING LOT PAVED ~3 YREARS AGO, AMPLE PARKING. MAIN UNIT RECENTLY REFRESHED. HUGE INCOME! AMAZING POTENTIAL! HIGH QUALITY INVESTMENT PROPERTY IN GREAT CONDITION!

Water Heater, Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer

Inclusions: Built-in Microwave,Carbon Monoxide Detector,Smoke Detector,Window Coverings,Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer.

Exclusions : Tenant Belongings.

Building Features:

  • Floor Space: 2400 Square Feet

Property Features:

  • Bedrooms: 9
  • Bathrooms: 4
  • Acres Range: < 0.5
  • Basement: Full, Finished, Sump Pump
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 2400 Square Feet
  • Foundation Details: Poured Concrete
  • Heating: Forced Air, Natural Gas
  • Interior Features: High Speed Internet
  • Laundry Features: In-Suite
  • Lot Depth: 140 Feet
  • Lot Features: Urban, Rectangular, City Lot, Hospital, Library, Park, Public Transit, Schools, Shopping Nearby, Trails
  • Lot Frontage: 40.00 Feet
  • Other Structures: None
  • Parking Features: Asphalt
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Utilities: Cell Service, Electricity Connected, Natural Gas Connected, Recycling Pickup, Street Lights
  • Water Source: Municipal-Metered
  • Window Features: Window Coverings
  • Zoning: R3-2(1)
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: CENTURY 21 FIRST CANADIAN CORP., 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 36 Essex Street, London, ON, N6G 1B2

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

13 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

54/100

High

ClimateCheck®

Current data

This property, 36 Essex Street , experiences 7 hot days per year at around 31.04 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 34.52 degrees Celsius.

Projected Avg. Temperature

Past
31.04℃
2050
34.52℃

# 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:

13 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 36 Essex Street , experiences 11 significant 2-day storms per year, with about 328.17mm 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 402.92mm of precipitation per year.

Precipitation Per Storm

Past
328.17mm
2050
402.92mm

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 36 Essex Street, London, ON, N6G 1B2

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$49,566.22

Average Number of Children

0.90

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.41 %

High school certificate or equivalent

37.09 %

Apprenticeship trade certificate/diploma

2.77 %

College/non-university certificate

7.5 %

University certificate (below bachelor)

1.55 %

University Degree

37.81 %

Commuter

Travel To Work

By Car

48.51 %

By Public Transit

29.91 %

By Walking

13.5 %

By Bicycle

0.12 %

By Other Methods

7.96 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

74.41 %

Houses

25.6 %

Own Vs. Rent