Property Information:

Solid brick home located in a highly desirable area with rare OC2X R3 zoning, offering excellent flexibility for Commercial/Office or Medium density Residential future use, redevelopment, or long-term investment. Situated on a deep lot with a large backyard, this property provides outdoor space that's hard to find in this location - ideal for expansion, additional structures (subject to approvals), or simply enjoying the privacy and space. The property is currently configured with multiple units, including two units on the main floor and one unit on the upper level. Unit 3 (upper unit) has been updated and is in good condition, requiring no immediate work. Unit 1 and Unit 2 (main floor) both require full renovations, offering clear upside for a buyer looking to improve and reposition the property. The home is serviced by one furnace (12 years old), and the roof is also approximately 12 years old. Units 2 and 3 are separately metered for hydro, while Unit 1 and the basement share a panel. Recent improvements include new exterior stairs and fire shutters installed on the west wall adjacent to the second floor stairwell, adding to safety and compliance considerations. This configuration provides flexibility for renovation, income optimization, or future redevelopment, supported by the property's OC2X R3 zoning and generous lot size. (id:27)

Building Features:

Style: Multiplex
Building Type: Triplex
Basement Development: Partially finished
Basement Type: N/A
Exterior Finish: Brick
Floor Space: 2000 - 2500 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

Property Type: Multi-family
Bedrooms: 6
Bathrooms: 4
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 130 Feet
Lot Frontage: 40 Feet
Lot Size: 40 x 130 FT
Zoning: OC2X R3
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 3

Rooms:

Kitchen 2nd Level 3.20 m x 3.72 m
Living 2nd Level 3.96 m x 4.05 m
Bedroom 2nd Level 3.54 m x 3.23 m
Bedroom 2nd Level 3.51 m x 3.23 m
Bathroom 2nd Level Measurements not available
Living Basement Level 4.88 m x 4.27 m
Kitchen Basement Level 2.44 m x 2.80 m
Bedroom Basement Level 4.57 m x 3.35 m
Bathroom Basement Level Measurements not available
Utility Basement Level 2.56 m x 3.05 m
Foyer Main Level 1.52 m x 1.98 m
Kitchen Main Level 2.74 m x 3.81 m
Bedroom Main Level 2.74 m x 4.02 m
Bathroom Main Level Measurements not available
Dining Main Level 3.05 m x 3.66 m
Living Main Level 3.96 m x 4.27 m
Kitchen Main Level 1.83 m x 2.62 m
Bedroom Main Level 3.23 m x 2.53 m
Bedroom Main Level 3.23 m x 2.80 m
Bathroom Main Level Measurements not available

Convert Measurement to:

Courtesy of: RE/MAX ICON REALTY

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Demographic Information of 720 QUEENS AVENUE, London East (East G), Ontario, N5W 3H5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,086.13

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.34 %

High school certificate or equivalent

30.71 %

Apprenticeship trade certificate/diploma

3.89 %

College/non-university certificate

28.91 %

University certificate (below bachelor)

1.35 %

University Degree

21.8 %

Commuter

Travel To Work

By Car

73.98 %

By Public Transit

12.06 %

By Walking

5.55 %

By Bicycle

2.6 %

By Other Methods

5.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.91 %

Houses

61.09 %

720 QUEENS AVENUE, London East (East G), Ontario, N5W 3H5