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764 KING ST, London, Ontario, N5W 2X4

MLS® # X8214708
House For Sale In East London, London, Ontario
$499,900 QuickQuoteTM: $455K - $543K

3 Beds

2 Baths

764 King St, London, ON - Outdoor With Deck Patio Veranda With Facade
764 King St, London, ON - Outdoor With Exterior
764 King St, London, ON - Outdoor
764 King St, London, ON - Outdoor
764 King St, London, ON - Outdoor With Deck Patio Veranda With Facade
764 King St, London, ON - Outdoor With Exterior
764 King St, London, ON - Outdoor
764 King St, London, ON - Outdoor
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Home Insurance - TD Insurance
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Home Insurance - TD Insurance

Get a home insurance quote online for this $499,900 property in London

Provided by TD Insurance
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ACTIVE
764 KING ST, London, Ontario, N5W 2X4
$499,900

3 Beds

2 Baths

Property Information:

Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Partially finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 2
  • Amenities Nearby: Public Transit
  • Irregular: Yes
  • Lot Size: 33 x 164 FT
  • Utility Type: Cable - Available, Natural Gas - Installed, Hydro - Installed, Sewer - Installed
  • No. of Parking Spaces: 3

Rooms:

  • Primary Bedroom 2nd Level 4.30 m x 2.70 m
  • 2nd Bedroom 2nd Level 3.80 m x 3.00 m
  • 3rd Bedroom 2nd Level 3.20 m x 2.40 m
  • Recreation Room Lower Level 5.40 m x 3.20 m
  • Utility Lower Level 5.00 m x 2.00 m
  • Living Main Level 3.70 m x 3.70 m
  • Dining Main Level 4.10 m x 3.10 m
  • Kitchen Main Level 3.50 m x 2.80 m

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Courtesy of: INITIA REAL ESTATE (ONTARIO) LTD

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Sales/Price History

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Location of 764 KING ST, London, Ontario, N5W 2X4

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, 764 KING 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, 764 KING 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 764 KING ST, London, Ontario, N5W 2X4

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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