Home with brick exterior material, building for 20 Adelaide St, London Ontario N5Z 3J8
1 day on Market

20 Adelaide St, London, Ontario N5Z 3J8

Townhouse
4 + 2
5
~1500-2000 sqft
$749,900
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Townhouse
4 + 2
5
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$437/sqft

Est. Mortgage$3,221/mo

Tax Amount (2024)$3,681/yr

Days On Market1 day


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!


Property Details

StyleOther
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size3,750 SqFt(125 x 30)
Parking Spaces6
MLS ®NumberX11908989
Community NameGlen Cairn
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Basement: Finished

Features

Lot size: 3,750 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage
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Population and Demographics

Overview

Total population 16270
Average household income $88,351

Age (%)

0 to 19
25%
50 to 64
21%
20 to 34
20%
35 to 49
19%
65 and plus
16%

Household composition (%)

Single family
63%
Single person
31%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
81%
Spanish
4%
Arabic
4%
Others
3%
Polish
2%
Portuguese
2%
Italian
1%

House tenancy (%)

Owners
62%
Renters
38%

Schools and amenities

Estimated Budget