100 Mcclary Ave, London

Bedroom - 100 Mcclary Ave, London, ON N6C1P8 Photo 1

37 Photos

Bedroom - 100 Mcclary Ave, London, ON N6C1P8 Photo 2
Bedroom 2 - 100 Mcclary Ave, London, ON N6C1P8 Photo 3
Bedroom 3 - 100 Mcclary Ave, London, ON N6C1P8 Photo 4
Bedroom - 100 Mcclary Ave, London, ON N6C1P8 Photo 5
Bedroom 2 - 100 Mcclary Ave, London, ON N6C1P8 Photo 6
Kitchen - 100 Mcclary Ave, London, ON N6C1P8 Photo 7
  • Bedrooms: 6
  • Bathrooms: 3
  • MLS®: x8236116
  • Type: Residential
  • Added: 21 days ago

Property Details

A great opportunity for end users and investors to buy this self paying property. A 2.5 storey detached house with a separate basement featuring three individual units, located close to one of London's most sought-after neighbourhoods, the beautiful Wortley Village. This corner lot property has a great curb appeal and potential for future income. Easy access to downtown and steps away from an arena, public and secondary schools. The property boasts four bedrooms plus two additional ones in the basement, three bathrooms, three kitchens, a huge loft with a cathedral ceiling, and parking for four cars apart from a detached garage. The finished basement has a separate entry, adding to the property's appeal. The upper floor features three bedrooms, a bathroom with a bathtub, and a kitchen plus a loft. It has new waterproof flooring and a new 2-in-1 GE washer dryer installed in 2023. The main floor consists of one bedroom, a living room, a bathroom, washer dryer and a kitchen with new waterproof flooring. The basement has been newly renovated with no compromise on expenses, featuring two bedrooms, a kitchen, washer dryer and a bathroom.The property has seen many updates over the years, including new windows in 2018, a new furnace and A/C in 2017, a new eavestroughs in 2021 and an upgraded sewage connection and water supply line. Live on the main floor and let the other two units pay your mortgage, or lease all three units for a positive cash flow. With the possibility of vacant possession and the potential to build instant sweat equity, this property is a golden opportunity waiting to be seized. Don't miss out on the chance to own a piece of London's historic Old South, where character meets convenience! (id:1945)

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Property Information

  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • List AOR: Toronto
  • Stories: 2.5
  • Tax Year: 2024
  • Basement: Finished, Separate entrance, N/A
  • Utilities: Sewer, Natural Gas, Electricity, Cable
  • Photos Count: 37
  • Parking Total: 4
  • Bedrooms Total: 6
  • Structure Type: House
  • Common Interest: Freehold
  • Parking Features: Detached Garage
  • Tax Annual Amount: 3888
  • Exterior Features: Brick
  • Lot Size Dimensions: 36.65 x 111.14 FT

Features

  • Other: Family Room, 2 Kitchens, Fireplace, Laundry: On Main Level, Faces South, Utilities: Cable Available, Sewers Available
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Lot Features: Other Structures: Drive Shed
  • Extra Features: Hospital, Public Transit, School
  • Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Sewers
Room Dimensions
Type Level Dimensions
Bedroom Main level
Bedroom Second level
Bedroom 2 Second level
Bedroom 3 Second level
Bedroom Basement
Bedroom 2 Basement
Kitchen Main level
Living room Main level
Bathroom Main level
Kitchen Second level
Loft Third level
Kitchen Basement
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members of The Canadian Real Estate Association

Nearby Places

Name Type Address Distance
London South Collegiate Institute Approximately 1000 students attend the school in g... 0.4 km
London South Secondary School School 371 Tecumseh Ave 0.4 km
Mandarin Restaurant Meal takeaway 387 Wellington Rd 1.2 km
London railway station (Ontario) The station is a large, modern, wheelchair accessi... 1.4 km
Children's Hospital of Western Ontario Children's Hospital of Western Ontario is a major ... 1.5 km
Ben Thanh Restaurant 57 York St 1.6 km
Hilton London Bar 300 King St 1.6 km
The Works Restaurant 145 King St 1.6 km
Victoria Hospital (London, Ontario) The dedication of Victoria Hospital occurred Novem... 1.6 km
La Casa Ristorante Restaurant 117 King St 1.6 km
Waldo's On King Bistro & Wine Bar Restaurant 130 King St 1.6 km
Covent Garden Market Grocery or supermarket 130 King St 1.7 km
Similar Houses Stat in London
We have found 6 Houses that closely match the specifications of the property located at 100 Mcclary Ave with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 889,900 and 1,079,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N6C1P8 postal code area of London Ontario Canada.
100 Mcclary Ave mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 100 Mcclary Ave. The current price of the property is $875,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $700,000. This would result in a monthly mortgage payment of $4,092 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 60
Certificate of Qualification 10
College 75
University degree at bachelor level or above 75

Neighbourhood Marital Status Stat

Married 160
Widowed 20
Divorced 55
Separated 25
Never married 215
Living common law 65
Married or living common law 220
Not married and not living common law 315

Neighbourhood Construction Date

1961 to 1980 40
1981 to 1990 15
1991 to 2000 10
1960 or before 235
Comparison of 100 Mcclary Ave, London, ON with Nearby Houses
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Ingersoll 57 $1.086.861
Strathroy Caradoc 75 $956.071
Woodstock 158 $804.928
North Middlesex 52 $818.346
Tillsonburg 128 $950.253
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Burlington 812 $1.594.990
Oakville 903 $1.951.556
Milton 416 $1.751.418
Mississauga 1435 $1.320.857
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