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1 BALFOUR PL, London, Ontario, N5W 4V7

MLS® # X8113346
Investment For Sale In Argyle, London, Ontario
$1,099,900
1 Balfour Pl, London, ON - Outdoor With Exterior
1 Balfour Pl, London, ON - Outdoor
1 Balfour Pl, London, ON - Outdoor
1 Balfour Pl, London, ON - Indoor
1 Balfour Pl, London, ON - Indoor Photo Showing Kitchen
1 Balfour Pl, London, ON - Indoor Photo Showing Bedroom
1 Balfour Pl, London, ON - Indoor
1 Balfour Pl, London, ON - Indoor Photo Showing Bathroom
1 Balfour Pl, London, ON - Indoor Photo Showing Other Room
1 Balfour Pl, London, ON - Indoor Photo Showing Bathroom
1 Balfour Pl, London, ON - Indoor Photo Showing Living Room
1 Balfour Pl, London, ON - Indoor Photo Showing Bathroom
1 Balfour Pl, London, ON - Indoor Photo Showing Bedroom
1 Balfour Pl, London, ON - Indoor Photo Showing Kitchen
1 Balfour Pl, London, ON - Indoor
1 Balfour Pl, London, ON - Indoor Photo Showing Bathroom
1 Balfour Pl, London, ON - Indoor Photo Showing Laundry Room
Video
1 Balfour Pl, London, ON  - Outdoor With Exterior
1 Balfour Pl, London, ON  - Outdoor
1 Balfour Pl, London, ON  - Outdoor
1 Balfour Pl, London, ON  - Indoor
1 Balfour Pl, London, ON - Indoor Photo Showing Kitchen
1 Balfour Pl, London, ON - Indoor Photo Showing Bedroom
1 Balfour Pl, London, ON - Indoor
1 Balfour Pl, London, ON - Indoor Photo Showing Bathroom
1 Balfour Pl, London, ON - Indoor Photo Showing Other Room
1 Balfour Pl, London, ON - Indoor Photo Showing Bathroom
1 Balfour Pl, London, ON - Indoor Photo Showing Living Room
1 Balfour Pl, London, ON - Indoor Photo Showing Bathroom
1 Balfour Pl, London, ON - Indoor Photo Showing Bedroom
1 Balfour Pl, London, ON - Indoor Photo Showing Kitchen
1 Balfour Pl, London, ON - Indoor
1 Balfour Pl, London, ON - Indoor Photo Showing Bathroom
1 Balfour Pl, London, ON - Indoor Photo Showing Laundry Room
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1 BALFOUR PL, London, Ontario, N5W 4V7
$1,099,900

Property Information:

Welcome to a prime investment opportunity! This multi-unit property features six units: four spacious two-bedroom and two cozy one-bedroom units in a sought-after location. Enjoy stable income, potential appreciation, and plenty of upside. Plus, notable cost savings as water heaters are not rental. Ideal for savvy investors seeking a reliable and lucrative investment. **** EXTRAS **** This is a Power of Sale. All offers to be conditional on sellers lawyer reviewing the documents. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Heating Type: Heat Pump
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8+2
  • Bathrooms: 6
  • Irregular: Yes
  • Lot Size: 77.18 x 125.3 FT
  • No. of Parking Spaces: 6

Rooms:

  • Bedroom 2nd Level 3.40 m x 2.50 m
  • 2nd Bedroom 2nd Level 2.50 m x 3.40 m
  • Living 2nd Level 3.49 m x 3.15 m
  • Kitchen 2nd Level 4.71 m x 4.14 m
  • Bedroom 2nd Level 4.00 m x 3.63 m
  • 2nd Bedroom 2nd Level 2.60 m x 3.50 m
  • Living 2nd Level 4.08 m x 4.14 m
  • Kitchen 2nd Level 2.40 m x 1.50 m
  • Bedroom Main Level 4.09 m x 3.62 m
  • 2nd Bedroom Main Level 2.60 m x 3.50 m
  • Kitchen Main Level 3.50 m x 3.42 m
  • Kitchen Main Level 3.45 m x 3.50 m

Convert Measurement to:

Courtesy of: SUTTON GROUP OLD MILL REALTY INC.

REALTOR.ca  

Location of 1 BALFOUR PL, London, Ontario, N5W 4V7

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, 1 BALFOUR PL , 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

64/100

ClimateCheck®

Current data

This property, 1 BALFOUR PL , experiences 11 significant 2-day storms per year, with about 329.2mm 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 405.6mm of precipitation per year.

Precipitation Per Storm

Past
329.2mm
2050
405.6mm

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.

Demographic Information of 1 BALFOUR PL, London, Ontario, N5W 4V7

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$84,705.23

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.43 %

High school certificate or equivalent

40.52 %

Apprenticeship trade certificate/diploma

7.28 %

College/non-university certificate

17.11 %

University certificate (below bachelor)

0.72 %

University Degree

8.94 %

Commuter

Travel To Work

By Car

90.18 %

By Public Transit

2.94 %

By Walking

6.53 %

By Bicycle

0.0 %

By Other Methods

0.35 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

49.6 %

Houses

50.4 %

Own Vs. Rent