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675 York Street, London, ON, N5W 2S6

MLS® # 40586879
Commercial For Sale In East London, London, Ontario
$4,500,000
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
675 York Street, London, ON
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ACTIVE
675 York Street, London, ON, N5W 2S6
$4,500,000

Property Information:

Prime Real Estate is pleased to present 675 York Street, a 36,389 SF industrial investment orowner-occupier opportunity near downtown London. The Property sits on just over 2 acres with a 1+ acrefenced yard. RSC 2, 4(26), and 5, offer a broad range of permitted uses. 11,270 SF is occupied by amajor telecom carrier providing bonus income through a Managed Services Agreement. With conservativeassumptions, this property offers a going-in cap rate of 8.50%+. Recent upgrades include a new roofover part of the building, 2 industrial generators costing over $1M, completely upgraded buildingcontrols, and fire sprinklers/suppression. 25,119 SF and the fenced yard is vacant with the majorityhaving an 18'6" clear height. Full data room access is available upon the completion of aconfidentiality agreement.

Exclusions : Tenant Owned Fixtures/Chattels.2e

Property Features:

  • Bedrooms: 0
  • Acres Range: 2-4.99
  • Basement: Partial
  • Construction Materials: Block, Metal/Steel Siding
  • Exterior Features: Dock Height Loading, Grade Loading, Storage
  • Fencing: Fenced
  • Interior Features: High Speed Internet
  • Lot Features: Ample Parking, Business Centre, City Lot, High Traffic Area, Highway Access, Hospital, Major Anchor, Public Transit, Visual Exposure
  • Lot Frontage: 480.00 Feet
  • Parking Features: Asphalt, Public, Truck Yard, Guest
  • Security Features: Security Gate, Alarm System, Carbon Monoxide Detector(s), Security System, Other
  • Utilities: Electricity Connected, Fibre Optics, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Phone Connected
  • Water Source: Municipal
  • Zoning: RSC2 RSC4(26) RSC5
  • Sewer: Sewer (Municipal)

Courtesy of: PRIME REAL ESTATE 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 675 York Street, London, ON, N5W 2S6

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, 675 York 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, 675 York 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.

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Demographic Information of 675 York Street, London, ON, N5W 2S6

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$61,764.42

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.42 %

High school certificate or equivalent

32.35 %

Apprenticeship trade certificate/diploma

4.49 %

College/non-university certificate

21.08 %

University certificate (below bachelor)

2.07 %

University Degree

18.58 %

Commuter

Travel To Work

By Car

74.35 %

By Public Transit

15.73 %

By Walking

6.55 %

By Bicycle

0.0 %

By Other Methods

3.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

74.14 %

Houses

25.86 %

Own Vs. Rent

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