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535 First Street, London, ON, N5V 1Z5

MLS® # XH4196797
Commercial For Sale In Argyle, London, Ontario
$1,499,999
535 First Street, London, ON
535 First Street, London, ON
535 First Street, London, ON
535 First Street, London, ON
535 First Street, London, ON
535 First Street, London, ON
535 First Street, London, ON
535 First Street, London, ON
535 First Street, London, ON
535 First Street, London, ON
535 First Street, London, ON
535 First Street, London, ON
535 First Street, London, ON
535 First Street, London, ON
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ACTIVE
535 First Street, London, ON, N5V 1Z5
$1,499,999

Property Information:

Rare investment opportunity in the heart of London, seconds from Fanshawe College. A low maintenance industrial LI6 zoned property, currently fully leased with two long term triple-A tenants. Property boasts huge development potential with its versatile layout that can be further subdivided into more units, maximizing rental income potential. Whether as a secure investment or a future owner-occupied space, this property carries great potential for growth and large returns! Prospective buyers are to conduct their own due diligence.

Property Features:

  • Heating: Other
  • Lot Depth: 190 Feet
  • Lot Features: Urban
  • Lot Frontage: 125.00 Feet
  • Parking Features: Outside/Surface
  • Security Features: Smoke Detector(s)
  • Utilities: Yes
  • Water Source: Municipal, Unknown
  • Zoning: LI6
  • Sewer: Storm

Courtesy of: Homelife Professionals Realty Inc.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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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 535 First Street, London, ON, N5V 1Z5

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, 535 First 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

64/100

Moderate-High

ClimateCheck®

Current data

This property, 535 First Street , experiences 11 significant 2-day storms per year, with about 330.3mm 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 407mm of precipitation per year.

Precipitation Per Storm

Past
330.3mm
2050
407mm

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 535 First Street, London, ON, N5V 1Z5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,929.99

Average Number of Children

2.02

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.04 %

High school certificate or equivalent

31.8 %

Apprenticeship trade certificate/diploma

8.73 %

College/non-university certificate

22.98 %

University certificate (below bachelor)

1.06 %

University Degree

14.39 %

Commuter

Travel To Work

By Car

68.78 %

By Public Transit

17.66 %

By Walking

5.83 %

By Bicycle

2.91 %

By Other Methods

4.82 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.96 %

Houses

97.04 %

Own Vs. Rent

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