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63 Cleveland Place, London, ON, N5Z 4T5

MLS® # 40490694
Investment For Sale In Glen Cairn, London, Ontario
$995,000
63 Cleveland Place, London, ON
63 Cleveland Place, London, ON
63 Cleveland Place, London, ON
63 Cleveland Place, London, ON
63 Cleveland Place, London, ON
63 Cleveland Place, London, ON
63 Cleveland Place, London, ON
63 Cleveland Place, London, ON
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Home Insurance - TD Insurance

Get a home insurance quote online for this $995,000 property in London

Provided by TD Insurance
63 Cleveland Place, London, ON, N5Z 4T5
$995,000

Property Information:

Enhance your investment portfolio with this ideal property! Featuring three distinct units, each boasting its own separate entrance, this brand-new triplex offers exceptional investment potential. Not only will it require minimal maintenance, but it also presents an excellent opportunity for house-hacking. Seize the opportunity presented by recent changes in city building requirements and make the most of this property. The main floor features a self-contained bachelor unit equipped with its own kitchen and full bathroom, accessible through a separate entrance. Additionally, a spacious two-bedroom unit can be found on the same floor. Moving to the second floor, you'll discover a complete home with four bedrooms, 2.5 bathrooms, a separate kitchen, and a dedicated laundry area. With today's market rents, this property has the potential to generate positive cash flow when fully occupied. Estimated Rents to be $65,000+ per year. Call for any questions!

Inclusions: Garage Door Opener,Smoke Detector

Building Features:

  • Floor Space: 2500 Square Feet

Property Features:

  • Bedrooms: 7
  • Acres Range: < 0.5
  • Basement: None
  • Construction Materials: Brick Front, Hardboard
  • Cooling: Central Air
  • Driveway Parking: Private Drive Triple+ Wide
  • Floor Space (approx): 2500 Square Feet
  • Heating: Forced Air
  • Interior Features: Other
  • Laundry Features: In-Suite
  • Lot Features: Ample Parking, Cul-De-Sac, Dog Park, Hospital, Place of Worship, Playground Nearby, Public Transit, School Bus Route
  • Lot Frontage: 37.35 Feet
  • Parking Features: Attached Garage, Garage Door Opener
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Zoning: R1-4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: NU-VISTA PREMIERE 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 63 Cleveland Place, London, ON, N5Z 4T5

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, 63 Cleveland Place , 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, 63 Cleveland Place , 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 63 Cleveland Place, London, ON, N5Z 4T5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,929.45

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.37 %

High school certificate or equivalent

33.72 %

Apprenticeship trade certificate/diploma

5.67 %

College/non-university certificate

22.78 %

University certificate (below bachelor)

0.1 %

University Degree

15.35 %

Commuter

Travel To Work

By Car

87.6 %

By Public Transit

1.09 %

By Walking

2.34 %

By Bicycle

0.99 %

By Other Methods

7.98 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.95 %

Houses

80.05 %

Own Vs. Rent

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