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724 YORK ST, London, Ontario, N5W 2S8

MLS® # X7229298
Commercial For Sale In East London, London, Ontario
$1,999,900
724 York St, London, ON
724 York St, London, ON
724 York St, London, ON
724 York St, London, ON
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ACTIVE
724 YORK ST, London, Ontario, N5W 2S8
$1,999,900

Property Information:

Remarkable opportunity to own a two-story commercial building in the heart of London! Boasting over 15,000 sq ft of versatile space, with 40 parking spots. Located near the Western Fair District, this building enjoys maximum visibility and foot traffic. With over 10,000 square feet of usable space spread above grade, a fully useable basement, this property offers an expansive canvas for your business endeavors. The layout allows for flexible customization to suit a wide range of businesses and industries. The exterior has been recently refreshed and blends classic elements with modern aesthetics, creating an inviting facade that sets it apart from the surrounding structures. This dynamic environment fosters a vibrant atmosphere that can significantly enhance your organization's visibility and appeal. The downtown location and ample parking space make this building a solid investment with potential for high rental yields or long-term appreciation. (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Floor Space: 15162 Square Feet
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 15162.00 Square Feet
  • Irregular: Yes
  • Lot Size: 62.1 x 270 FT
  • No. of Parking Spaces: 40

Courtesy of: THRIVE REALTY GROUP INC.

REALTOR.ca  

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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 724 YORK ST, London, Ontario, N5W 2S8

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, 724 YORK ST , 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, 724 YORK ST , 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 724 YORK ST, London, Ontario, N5W 2S8

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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