34 Adelaide Street South, London | Image 1

34 Adelaide Street South

London, South I

  • - bed - bath - sqft
$XXX,XXX Listed: $XXX,XXX
Sold

Sold on Dec 16, 2024

Note: Property is not currently for sale or for rent.

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  • Type: Multiplex

  • Style: 2-Storey

  • Size: 1500 sqft

  • Lot Size: 40 x 125 Feet

  • Age: 100+ years

  • Taxes: $2,659 per year

  • Days on Site: 25 Days

  • Added: Nov 20, 2024 (3 weeks on market)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X10440638

  • Listed By: Royal lepage real estate services ltd.

This investment property is located in the heart of London, offering a mix of six well-maintained apartments: four one-bedroom units and two studios. Four of the units are currently occupied by long-term tenants, providing immediate rental income, while two recently renovated units remain vacant, offering potential for higher returns ($20K spent on renovation). The property boasts an estimated net income of approximately $31,000 per year. Its central location offers excellent connectivity to public transit, with easy access to all local amenities, ensuring strong demand for both current and future tenants.

Extras

Monthly rent income: #1(1bdrm/2nd floor) =$666; #2 (1bdrm/ground) =$692; #3 (studio/ground) =$615; #4 vacant (1 bdrm/basement) potential income $1200; #5 vacant (1bdrm/ground floor) potential income $1500; #6 (studio/2nd floor) =$717

Status

  • Days on Market: 25

  • Last Status: Sold

  • Sold Date: Dec 16, 2024

  • Closed Date: Feb 19, 2025

  • Expiry Date: May 21, 2025

  • Sold Price: $550,000

  • Unavailable Date: Dec 18, 2024

  • Input Date: Nov 21, 2024

  • Prior LSC: Listing with no contract changes

Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Size (sq ft): 1500

  • Age: 100+

  • Area: London

  • Community: South I

  • Availability Date: Flexible

Inside

  • Bedrooms: 4

  • Bathrooms: 6

  • Kitchens: 6

  • Rooms: 14

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 6

Building

  • Basement: Finished

  • Basement 2: Full

  • Heat Type: Radiant

  • Heat Source: Other

  • Exterior: Alum Siding

  • Exterior: Stucco/Plaster

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Spaces: 1

  • Garage Type: Detached

  • Covered Parking Spaces: 6

  • Total Parking Spaces: 7

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 4 BLK J PLAN 437 LONDON/WESTMINSTER

  • Taxes: $2,659

Highlights

  • Feature: Park

  • Feature: Public Transit

  • Feature: Rec Centre

  • Feature: School

Land

  • Cross Street: Adelaide St. S / Nor

  • Municipality District: London

  • Fronting On: East

  • Parcel Number: 083560054

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 125 Feet

  • Lot Frontage: 40 Feet

  • Zoning: R2-2

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Somewhat Walkable

  • Some errands can be accomplished on foot.
67 /100

Some Transit

  • Most errands require a car.
48 /100

Very Bikeable

  • Most errands can be accomplished on bike.
83 /100
Map of 34 Adelaide Street South, London
JK-8

Holy Rosary Separate School

Elementary: Catholic
0.86 km
JK-8

Trafalgar Public School

Elementary: Public
1.20 km
JK-8

Aberdeen Public School

Elementary: Public
1.07 km
4-8

Lester B Pearson School for the Arts

Elementary: Public
0.75 km
JK-8

St. John French Immersion School

Elementary: Catholic
0.97 km
JK-8

Princess Elizabeth Public School

Elementary: Public
0.58 km
9-12

G A Wheable Secondary School

Secondary: Public
0.39 km
9-12

B Davison Secondary School Secondary School

Secondary: Public
0.66 km
9-12

London South Collegiate Institute

Secondary: Public
1.57 km
9-12

London Central Secondary School

Secondary: Public
2.43 km
9-12

Catholic Central High School

Secondary: Catholic
2.04 km
9-12

H B Beal Secondary School

Secondary: Public
1.83 km

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