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894 ADELAIDE STREET N, London, Ontario, N5Y 2M5

MLS® # X8381114
Investment For Sale In Carling, London, Ontario
$2,795,000
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Indoor Photo Showing Kitchen
894 Adelaide Street N, London, ON - Indoor
894 Adelaide Street N, London, ON - Indoor With Fireplace
894 Adelaide Street N, London, ON - Indoor Photo Showing Bathroom
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room
894 Adelaide Street N, London, ON - Indoor Photo Showing Bathroom
894 Adelaide Street N, London, ON - Indoor Photo Showing Kitchen With Double Sink
894 Adelaide Street N, London, ON - Indoor Photo Showing Kitchen With Double Sink
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room With Fireplace
894 Adelaide Street N, London, ON - Indoor Photo Showing Kitchen
894 Adelaide Street N, London, ON - Indoor With Fireplace
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room
894 Adelaide Street N, London, ON - Indoor Photo Showing Garage
894 Adelaide Street N, London, ON - Indoor Photo Showing Basement
894 Adelaide Street N, London, ON - Indoor Photo Showing Basement
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Indoor Photo Showing Kitchen
894 Adelaide Street N, London, ON - Indoor
894 Adelaide Street N, London, ON - Indoor With Fireplace
894 Adelaide Street N, London, ON - Indoor Photo Showing Bathroom
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room
894 Adelaide Street N, London, ON - Indoor Photo Showing Bathroom
894 Adelaide Street N, London, ON - Indoor Photo Showing Kitchen With Double Sink
894 Adelaide Street N, London, ON - Indoor Photo Showing Kitchen With Double Sink
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room With Fireplace
894 Adelaide Street N, London, ON - Indoor Photo Showing Kitchen
894 Adelaide Street N, London, ON - Indoor With Fireplace
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Outdoor
894 Adelaide Street N, London, ON - Indoor Photo Showing Other Room
894 Adelaide Street N, London, ON - Indoor Photo Showing Garage
894 Adelaide Street N, London, ON - Indoor Photo Showing Basement
894 Adelaide Street N, London, ON - Indoor Photo Showing Basement
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Home Insurance - TD Insurance
Get a home insurance quote online for this $2,795,000 property in London
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $2,795,000 property in London

Provided by TD Insurance
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894 ADELAIDE STREET N, London, Ontario, N5Y 2M5
$2,795,000

Property Information:

EXCELLENT APARTMENT BUILDING ON THE EDGE OF OLD NORTH. 6 UNIT BUILDING CONSISTING OF 5 TWO BEDROOM APARTMENTS AND ONE, ONE BEDROOM. COMPLETELY RENOVATED TO DRYWALL AND FLOOR TO CEILING. LUXURY CONTEMPORARY KITCHENS WITH QUARTZ COUNTERTOPS, DISHWASHER AND STAINLESS APPLIANCES. LUXURY BATHROOMS WITH FULL BATHTUBS AND VANITIES WITH QUARTZ COUNTERTOPS. HIGH END LIGHT FIXTURES, TILE AND FLOORING THROUGHOUT SUITES AND COMMON AREAS. ELECTRIC FIREPLACES IN ALL UNITS. CONTROLLED ENTRY WITH VIDEO DOORBELLS PER SUITE. NEW ELECTRICAL, PLUMBING, AND HIGH EFFICIENCYBOILER SYSTEM. NEW HIGH EFFICIENCY WINDOWS THROUGHOUT. NEW SIDEWALKS AND ASPHALT PARKING LOT AND DRIVEWAY. ANNUAL INCOME OF APPROXIMATELY $130,160. SITE PLAN AND BUILDING PERMIT APPROVED FOR A NEW ADJACENT BUILDING FOR 9 TWO BEDROOM UNITS WITH INSUITE LAUNDRY AND JULIET BALCONIES. THE BUILDING WILL BE 3 FLOORS, WITH 3 UNITS PER FLOOR, RAISED 2 STOREY BUILDING WITH TOTAL SQ. FEET OF APPROX. 6,000. BUILD THE BUILDING AND HAVE APPROX. $11,000. IN INCOME COMING IN EACH MONTH WHILE YOU BUILD IT. FINAL PROJECTED COMPLETION VALUE OF $5,700,000.\r\nSeller will hold a first mortgage for $1,500,000 at 3.9% for one and a half years. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: Full
  • Exterior Finish: Brick
  • Foundation Type: Block
  • Heating Type: Other
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 11
  • Bathrooms: 6
  • Amenities Nearby: Hospital
  • Irregular: Yes
  • Lot Frontage: 49.0 Feet
  • Lot Size: 49.53 ; 98.14x282.32x49.99x131.68x50.13x150.64 ft
  • Zoning: R2-2
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 11

Courtesy of: SUTTON GROUP - SELECT REALTY

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 894 ADELAIDE STREET N, London, Ontario, N5Y 2M5

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

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

54/100

High

ClimateCheck®

Current data

This property, 894 ADELAIDE STREET N , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
34

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, 894 ADELAIDE STREET N , experiences 11 significant 2-day storms per year, with about 329.8mm 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 405.7mm of precipitation per year.

Precipitation Per Storm

Past
329.8mm
2050
405.7mm

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 894 ADELAIDE STREET N, London, Ontario, N5Y 2M5

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$113,102.59

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.78 %

High school certificate or equivalent

28.48 %

Apprenticeship trade certificate/diploma

4.81 %

College/non-university certificate

22.13 %

University certificate (below bachelor)

2.36 %

University Degree

30.44 %

Commuter

Travel To Work

By Car

67.48 %

By Public Transit

15.14 %

By Walking

11.36 %

By Bicycle

1.24 %

By Other Methods

4.78 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.91 %

Houses

74.09 %

Own Vs. Rent

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