Home with brick exterior material, building for 173 Adelaide St, London East Ontario N6B 3H1
12 hours on Market

173 Adelaide St, London East, Ontario N6B 3H1

Detached
6
2
~1500-2000 sqft
$449,900
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Detached
6
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market12 hours

Estimated valueNot available

Price/Sqft$262/sqft

Monthly cost

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Description

Discover the perfect blend of functionality and potential with this spacious 6-bedroom, 2-bathroom home, ideal for investors or multi-generational living currently set up as 2 separate units. The main floor unit boasts 4 generous bedrooms, including 2 with walk-in closets, huge master bedroom soaring 9-ft ceilings and stunning original molding. A refreshed kitchen and bathroom, along with new flooring and paint throughout, make this level move-in ready and inviting. The second floor unit offers 2 additional bedrooms, a cozy den, a second kitchen, a full bathroom. This setup is generating great income from the reliable roommates for the owner living comfortably on the main floor. All roommates are staying under month to month roommate agreement .Step outside to enjoy the new fully fenced backyard, offering privacy and a safe space for kids or pets to play. The spacious deck is perfect for barbecues and entertaining, making it the ideal outdoor retreat. Additional highlights include a new Lennox furnace and AC (2022), separate hydro and water meters, and multiple entrances. These features, combined with the flexible layout, create an excellent opportunity for conversion to a duplex or triplex, maximizing the property's earning potential. Whether you're looking for a home that pays for itself or a versatile investment property, this one checks all the boxes.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size3,168 SqFt(99 x 32)
Parking Spaces2
MLS ®NumberX12591590
Community NameCentral London
Data SourceTRREB
Listing byPC275 REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full

Main Floor

Family

3.62 x 5.51

Kitchen

4.29 x 4.72

Laundry

2.67 x 2.9

Br

3.53 x 3.65


Features

Lot size: 3,168 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by PC275 REALTY INC., Brokerage
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Market Data - Central London

Geo Zone Map ThumbnailCentral London

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

47 days

Compared to

2024

32 days

2023

22 days

2022

26 days

New Listings

Past 30 days

8 listings

Compared to

2024

10 listings

2023

13 listings

2022

9 listings

Units sold

Past 30 days

9 units

Compared to

2024

3 units

2023

7 units

2022

1 unit

Median Sold Price

Past 30 days

$433,500

Compared to

2024

$650,000

2023

$475,000

2022

$440,000


Population and Demographics

Overview

Total population 16774
Average household income $95,260

Age (%)

0 to 19
10%
20 to 34
38%
35 to 49
17%
50 to 64
18%
65 and plus
16%

Household composition (%)

Single person
57%
Single family
33%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
Spanish
3%
Arabic
2%
French
2%
Portuguese
1%

House tenancy (%)

Renters
77%
Owners
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget