20 Adelaide Street South, London | Image 1

20 Adelaide Street South

London, South I

  • 4 bed 5 bath 1500 sqft
$749,900 est.*: $2,540/mo
For Sale

Added 1 day ago

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  • Type: Multiplex

  • Style: Other

  • Size: 1500 sqft

  • Lot Size: 30 x 125 Feet

  • Age: 100+ years

  • Taxes: $3,681 per year

  • Added: Jan 06, 2025 (1 day ago)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X11908989

  • Listed By: Century 21 first canadian corp

Multi-Unit Investment Opportunity in London, Ontario. Discover this prime investment opportunity: a fully tenanted 5-unit building offering consistent rental income with a gross rent of $77,528.64 annually, making it an excellent addition to any investor's portfolio. Five Separate Hydro Meters and plenty of parking for all the tenants. Enjoy immediate cash flow at market rents with reliable, established tenants in place. Situated by Victoria hospital, close to amenities, schools, public transportation, and major thoroughfares. This is an exceptional opportunity for investors seeking stable income and growth potential in one of Ontario's most promising real estate markets. Dont miss out on this turnkey property!

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: Other

  • Size (sq ft): 1500

  • Age: 100+

  • Area: London

  • Community: South I

  • Availability Date: Flexible

Inside

  • Bedrooms: 4

  • Bedrooms Plus: 2

  • Bathrooms: 5

  • Kitchens: 4

  • Kitchens Plus: 1

  • Rooms: 8

  • Den/Family Room: Yes

  • Air Conditioning: None

  • Fireplace: No

  • Laundry Level: Lower

  • Central Vacuum: N

  • Washrooms: 5

Utilities

  • Electricity: Yes

  • Gas: Yes

  • Cable: Available

  • Telephone: Available

Building

  • Basement: Finished

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Pvt Double

  • Garage Type: None

  • Covered Parking Spaces: 6

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LTS 10 & 11 BLK G PLAN 437 AS IN 786235 LONDON/WESTMINSTER

  • Taxes: $3,681

Land

  • Cross Street: Terrace Street

  • Municipality District: London

  • Fronting On: East

  • Parcel Number: 083560012

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 125 Feet

  • Lot Frontage: 30 Feet

  • Lot Irregularities: 125.31 ft x 29.59 ft

  • Acres: < .50

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Very Walkable

  • Most errands can be accomplished on foot.
72 /100

Good Transit

  • Some errands can be accomplished by public transportation.
50 /100

Very Bikeable

  • Most errands can be accomplished on bike.
78 /100
JK-8

Holy Rosary Separate School

Elementary: Catholic
0.90 km
JK-8

Trafalgar Public School

Elementary: Public
1.18 km
JK-8

Aberdeen Public School

Elementary: Public
1.00 km
4-8

Lester B Pearson School for the Arts

Elementary: Public
0.71 km
JK-8

St. John French Immersion School

Elementary: Catholic
0.91 km
JK-8

Princess Elizabeth Public School

Elementary: Public
0.66 km
9-12

G A Wheable Secondary School

Secondary: Public
0.43 km
9-12

B Davison Secondary School Secondary School

Secondary: Public
0.62 km
9-12

London South Collegiate Institute

Secondary: Public
1.56 km
9-12

London Central Secondary School

Secondary: Public
2.36 km
9-12

Catholic Central High School

Secondary: Catholic
1.97 km
9-12

H B Beal Secondary School

Secondary: Public
1.75 km
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