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361 Vesta Road, London, ON, N5Y 1E9

MLS® # 40614803
Investment For Sale In Huron Heights, London, Ontario
$829,999
361 Vesta Road, London, ON - Outdoor
361 Vesta Road, London, ON - Outdoor
361 Vesta Road, London, ON - Outdoor
361 Vesta Road, London, ON - Outdoor
361 Vesta Road, London, ON - Outdoor
361 Vesta Road, London, ON - Indoor Photo Showing Kitchen With Double Sink
361 Vesta Road, London, ON - Indoor
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor
361 Vesta Road, London, ON - Indoor Photo Showing Bathroom
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Kitchen With Double Sink
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Bathroom
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Basement
361 Vesta Road, London, ON - Outdoor
361 Vesta Road, London, ON - Outdoor With View
361 Vesta Road, London, ON - Outdoor With View
361 Vesta Road, London, ON  - Outdoor
361 Vesta Road, London, ON  - Outdoor
361 Vesta Road, London, ON  - Outdoor
361 Vesta Road, London, ON  - Outdoor
361 Vesta Road, London, ON - Outdoor
361 Vesta Road, London, ON - Indoor Photo Showing Kitchen With Double Sink
361 Vesta Road, London, ON - Indoor
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor
361 Vesta Road, London, ON - Indoor Photo Showing Bathroom
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Kitchen With Double Sink
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Bathroom
361 Vesta Road, London, ON - Indoor Photo Showing Other Room
361 Vesta Road, London, ON - Indoor Photo Showing Basement
361 Vesta Road, London, ON - Outdoor
361 Vesta Road, London, ON - Outdoor With View
361 Vesta Road, London, ON - Outdoor With View
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361 Vesta Road, London, ON, N5Y 1E9
$829,999

Property Information:

Beautifully renovated all-brick purpose built duplex (up/down) in North-East London with attached double garage. Featuring two spacious three-bedroom units, each with separate basements and separate electrical meters. The all brick exterior has been meticulously maintained and the double wide paved driveway offers plenty of parking. The standout feature of the property is its large backyard, spanning 63 feet in width and 150 feet in depth, presenting significant potential for adding an Auxiliary Dwelling Unit (ADU) for additional units (city permits required). The shingles on the roof were replaced in 2019.Both the lower (2022) and upper (2024) units have been updated with contemporary finishes. Units are nearly identical layouts, highlighted by large front windows, oversized living and dining areas, and newer renovated kitchens, bathrooms, and bedrooms. An investor's ideal opportunity, this property includes two separate unfinished basements with high ceilings and separate access, presenting significant potential for conversion into a four-plex (please consult with the city of London).Upon possession, the lower unit will be vacant, providing an ideal chance for owner occupancy or set your own market rent. The upper unit is currently leased to A++ tenants for $2050 per month. Tenants are responsible for heat/hydro costs (separate meters). The duplex is equipped with a very efficient mini-split heat pump systems (2018) featuring heads throughout for efficient heating and cooling (AC), supplemented by electric baseboard heaters throughout all living spaces. Owners only pays taxes, water, and hot water tank rental costs (low operating expenses see financials). Do not miss this opportunity!! 36 hour notice is required for all showings.

Inclusions: Other

Building Features:

  • Floor Space: 2000 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range:
  • Basement: Separate Entrance, Full, Unfinished
  • Cooling: Ductless, Energy Efficient
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 2000 Square Feet
  • Heating: Baseboard, Electric
  • Laundry Features: In-Suite
  • Lot Depth: 150 Feet
  • Lot Features: Rectangular, Airport, Ample Parking, Near Golf Course, Library, Park, Playground Nearby, Public Transit, Quiet Area, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby, Trails
  • Lot Frontage: 63.00 Feet
  • Parking Features: Attached Garage, Built-In
  • Roof: Asphalt Shing, Flat
  • Water Source: Municipal
  • Zoning: R2-2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: LONDON CITY REALTY CORP.

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 361 Vesta Road, London, ON, N5Y 1E9

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, 361 Vesta Road , 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, 361 Vesta Road , 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.

Demographic Information of 361 Vesta Road, London, ON, N5Y 1E9

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$124,752.04

Average Number of Children

1.83

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.58 %

High school certificate or equivalent

32.3 %

Apprenticeship trade certificate/diploma

6.62 %

College/non-university certificate

26.53 %

University certificate (below bachelor)

3.16 %

University Degree

19.81 %

Commuter

Travel To Work

By Car

89.2 %

By Public Transit

2.77 %

By Walking

2.94 %

By Bicycle

0.92 %

By Other Methods

4.17 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.8 %

Houses

99.2 %

Own Vs. Rent