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7 MARMORA STREET, London, Ontario, N5Z 1Z4

MLS® # X12028372
new listing
Investment For Sale In Hamilton Road, London, Ontario
$574,900
7 Marmora Street, London, ON - Outdoor With Facade
7 Marmora Street, London, ON - Outdoor With Facade
7 Marmora Street, London, ON - Outdoor With Deck Patio Veranda
7 Marmora Street, London, ON - Indoor Photo Showing Other Room
7 Marmora Street, London, ON - Indoor Photo Showing Other Room
7 Marmora Street, London, ON - Indoor Photo Showing Other Room
Home Insurance - TD Insurance
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Home Insurance - TD Insurance

Get a home insurance quote online for this $574,900 property in London

Provided by TD Insurance
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7 MARMORA STREET, London, Ontario, N5Z 1Z4
$574,900

Property Information:

Amazing Investment Opportunity! This triplex at 7 Marmora has over 6% Cap Rate. All three units are rented at market rents with reliable, A+ tenants. Nestled on a quiet street, this property boasts a generous 165-foot deep lot providing ample parking and a good-sized backyard to enjoy. Conveniently located near bus routes, schools, downtown, and easy access to highway 401. This triplex is perfectly situated to enjoy all the amenities the area has to offer including Kelloggs Lane Entertainment Complex, the Western Fair and tons more. ESA and Final Building Permit completed after recent updates. Don't miss this great opportunity with over $47,000 in rental income! (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Type: N/A
  • Exterior Finish: Brick, Wood
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 3
  • Amenities Nearby: Public Transit
  • Irregular: Yes
  • Lot Depth: 165.4 Feet
  • Lot Frontage: 34.8 Feet
  • Lot Size: 34.77 x 165.45 FT
  • Utility Type: Sewer - Installed
  • View Type: City view
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

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Sales/Price History

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Market Price Trends

All Properties

4.28%

Price change (1 year)

49.82%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 7 MARMORA STREET, London, Ontario, N5Z 1Z4

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: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 7 MARMORA 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 Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 7 MARMORA 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 7 MARMORA STREET, London, Ontario, N5Z 1Z4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$79,581.57

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.59 %

High school certificate or equivalent

36.21 %

Apprenticeship trade certificate/diploma

6.78 %

College/non-university certificate

22.62 %

University certificate (below bachelor)

0.09 %

University Degree

9.71 %

Commuter

Travel To Work

By Car

81.45 %

By Public Transit

7.83 %

By Walking

5.9 %

By Bicycle

0.21 %

By Other Methods

4.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.78 %

Houses

73.22 %

Own Vs. Rent

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Neighbourhood Notes:

The Hamilton Road neighbourhood is located in the SouthEast area of the city featuring 5 schools including Lester B. Pearson Elementary School for the Arts and B. Davison Secondary School, specializing in vocational training for students. Students in the area also attend Central, H.B. Beal, or Catholic Central Secondary schools. There are many great recreational facilities also in the area. There are 2 parks on the banks of the Thames River, Vauxhall and St. Julien, each with connections to the Thames Valley Parkway. St. Julien has a baseball diamond, soccer fields, basket-ball court, play structures, a skate park, and 27-hole disc golf course. In the northern part of the neighbourhood, there is Silverwoods Park, with an outdoor pool, wading pool, and arena. The BMO Centre, which has six indoor fields for soccer, football, lacrosse, and many other recreational activities is also located in the neighbourhood along with the Crouch Branch of the London Public Library, the Crouch Neighbourhood Resource Centre, and the Hamil-ton Road Seniors' Centre and Community Centre.

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