20 Adelaide Street S London South, Ontario N5Z 3J8
$675,000
Discover this prime 5-unit investment property offering strong income potential and immediate upside. With 3 units currently vacant, this is a rare opportunity for investors to set their own rents and maximize returns from day one. The property features five separate hydro meters and ample on-site parking for tenants. Two units are currently tenanted, providing existing income. Ideally located near Victoria Hospital, and close to schools, shopping, public transit, and major thoroughfares, this property is well-positioned to attract quality tenants. Whether you're looking to expand your portfolio or secure a value-add asset in a high-demand rental market, this opportunity offers both stability and growth potential in one of Ontario's most promising real estate markets. Don't miss your chance to unlock the full potential of this turnkey investment. (id:38604)
Property Details
| MLS® Number | X12936974 |
| Property Type | Multi-family |
| Community Name | South I |
| Equipment Type | Water Heater |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,500 - 2,000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 125 Ft |
| Size Frontage | 30 Ft |
| Size Irregular | 30 X 125 Ft |
| Size Total Text | 30 X 125 Ft |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29534521/20-adelaide-street-s-london-south-south-i-south-i
Contact Us
Contact us for more information
Meghan Caddey
Salesperson
(519) 318-2279
meghancaddey.c21.ca/
(519) 673-3390
Ivan Jaramillo Romero
Salesperson
(519) 673-3390
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March 31 2026 02:32:07
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp