REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 749,900
Est. payment /mo
Active
20 Adelaide ST S London, ON N5Z 3J8
4 Beds
5 Baths
UPDATED:
01/06/2025 05:38 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X11908989
Style Other
Bedrooms 4
Annual Tax Amount $3,681
Tax Year 2024
Lot Depth 125.0
Property Description
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!
Location
Province ON
County Middlesex
Community South I
Area Middlesex
Region South I
City Region South I
Rooms
Family Room Yes
Basement Finished
Kitchen 5
Separate Den/Office 2
Interior
Interior Features Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Lighting
Parking Features Private Double
Garage Spaces 6.0
Pool None
Roof Type Flat
Topography Flat
Lot Depth 125.0
Total Parking Spaces 6
Building
Foundation Concrete
Listed by CENTURY 21 FIRST CANADIAN CORP