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197 Homestead Crescent, London, ON, N6G 2E6

MLS® # 40577675
Investment For Sale In Medway, London, Ontario
$888,000
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
197 Homestead Crescent, London, ON
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197 Homestead Crescent, London, ON, N6G 2E6
$888,000

Property Information:

Northwest London Licenced triplex with amazing features, unique architectural detail, and character throughout. Improvements include, plumbing, electrical, foundation, drainage, insulation, bathrooms, kitchens, and high-tech boiler system rental. Two 2-bedroom units each with 2 electric fireplaces and one 1-bedroom unit with electric fireplace. Tenants pay separately metered electricity. Unit 1 also features 1 4pc bathroom and 1 2pc bathroom, Unit 2 offers 1 4pc bathroom and 1 3 pc bathroom and 1 pc bathroom in Unit 3. Unit 2 has in unit stacking washer and dryer while units 1 and 3 share coin operated washer and dryer. Close proximity to Western University and Banting High School, shopping, restaurants and parks. Rental Licence number 202300674 issued April 17,2024.Maintenance expense shown includes lawn maintenance of $1,395.65 and snow removal of $2,200. High tech boiler system is on a rental and maintenance contract for peace of mind and efficient operation. Current rents do not reflect market rents.Unit 1 - Estimated Market Rent is $2300.Unit 2 - Estimated Market Rent $2150. Tenants have been there for at least 8 years.Unit 3 - Estimated Market Rent is $1250.

Inclusions: Carbon Monoxide Detector,Smoke Detector

Building Features:

  • Floor Space: 2184 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Hardboard
  • Cooling: None
  • Driveway Parking: Front Yard Parking
  • Floor Space (approx): 2184 Square Feet
  • Heating: Radiator
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Coin Operated, In-Suite
  • Lot Depth: 139 Feet
  • Lot Features: Shopping Nearby
  • Lot Frontage: 75.20 Feet
  • Parking Features: Gravel
  • Roof: Shingle
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: R5-3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: OAK AND KEY REAL ESTATE BROKERAGE, INC.

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 197 Homestead Crescent, London, ON, N6G 2E6

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, 197 Homestead Crescent , 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 34.6 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.6℃

# 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

63/100

ClimateCheck®

Current data

This property, 197 Homestead Crescent , experiences 11 significant 2-day storms per year, with about 328.6mm 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 403.1mm of precipitation per year.

Precipitation Per Storm

Past
328.6mm
2050
403.1mm

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 197 Homestead Crescent, London, ON, N6G 2E6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$161,132.33

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.35 %

High school certificate or equivalent

25.75 %

Apprenticeship trade certificate/diploma

4.05 %

College/non-university certificate

23.82 %

University certificate (below bachelor)

2.95 %

University Degree

31.08 %

Commuter

Travel To Work

By Car

85.35 %

By Public Transit

4.07 %

By Walking

3.24 %

By Bicycle

0.0 %

By Other Methods

7.34 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.55 %

Houses

81.45 %

Own Vs. Rent