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498 Egerton Street, London, ON, N5W 3Z6

MLS® # 40538778
Investment For Sale In East London, London, Ontario
$499,999
498 Egerton Street, London, ON - Outdoor
498 Egerton Street, London, ON - Indoor
498 Egerton Street, London, ON - Indoor Photo Showing Other Room With Fireplace
498 Egerton Street, London, ON - Outdoor With Exterior
498 Egerton Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
498 Egerton Street, London, ON - Indoor Photo Showing Laundry Room
498 Egerton Street, London, ON - Indoor Photo Showing Other Room
498 Egerton Street, London, ON - Outdoor
498 Egerton Street, London, ON - Indoor Photo Showing Other Room
498 Egerton Street, London, ON - Indoor Photo Showing Bathroom
498 Egerton Street, London, ON - Indoor Photo Showing Other Room
498 Egerton Street, London, ON  - Outdoor
498 Egerton Street, London, ON  - Indoor
498 Egerton Street, London, ON  - Indoor Photo Showing Other Room With Fireplace
498 Egerton Street, London, ON  - Outdoor With Exterior
498 Egerton Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
498 Egerton Street, London, ON - Indoor Photo Showing Laundry Room
498 Egerton Street, London, ON - Indoor Photo Showing Other Room
498 Egerton Street, London, ON - Outdoor
498 Egerton Street, London, ON - Indoor Photo Showing Other Room
498 Egerton Street, London, ON - Indoor Photo Showing Bathroom
498 Egerton Street, London, ON - Indoor Photo Showing Other Room
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498 Egerton Street, London, ON, N5W 3Z6
$499,999

Property Information:

Welcome to your next investment property in the heart of Old East Village (OEV)! This charming occupied property has two units which is leased at market rent for $3,800/month + Hydro. Each unit includes comfortable living spaces, kitchens, bedrooms, and a bathroom. An awesome turnkey addition to your investment portfolio in this vibrant growing neighbourhood. Enjoy the benefits of a steady rental stream from day one. Buy now and capitalize on this neighbourhood's growth as OEV continues to blossom as a destination hot spot. Tenanted property at market rents are a rare find. Don't wait on this one. Check it out today and make and offer! Photos were taken right before the tenants moved in.

Inclusions: Smoke Detector,Other

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 1377 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Partial, Finished
  • Built in: 1900
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 1377 Square Feet
  • Heating: Forced Air
  • Interior Features: Separate Heating Controls
  • Laundry Features: Shared
  • Lot Depth: 149 Feet
  • Lot Features: Business Centre, Public Transit, Rec./Community Centre, Shopping Nearby
  • Lot Frontage: 28.00 Feet
  • Parking Features: Exclusive, Unassigned
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector, Other
  • Water Source: Municipal
  • Zoning: R2-2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

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

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

Sales/Price History

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Location of 498 Egerton Street, London, ON, N5W 3Z6

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, 498 Egerton 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

63/100

ClimateCheck®

Current data

This property, 498 Egerton Street , experiences 11 significant 2-day storms per year, with about 328.5mm 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 404.2mm of precipitation per year.

Precipitation Per Storm

Past
328.5mm
2050
404.2mm

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.

Demographic Information of 498 Egerton Street, London, ON, N5W 3Z6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,059.22

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.36 %

High school certificate or equivalent

30.63 %

Apprenticeship trade certificate/diploma

5.5 %

College/non-university certificate

27.01 %

University certificate (below bachelor)

1.38 %

University Degree

17.13 %

Commuter

Travel To Work

By Car

75.22 %

By Public Transit

10.8 %

By Walking

6.31 %

By Bicycle

1.43 %

By Other Methods

6.24 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

47.14 %

Houses

52.86 %

Own Vs. Rent