20 Adelaide Street S London, Ontario N5Z 3J8
$749,900
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! (id:53488)
Property Details
| MLS® Number | X11908989 |
| Property Type | Multi-family |
| Community Name | South I |
| Features | Flat Site, Lighting |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 5 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 1499.9875 - 1999.983 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 125 Ft |
| SizeFrontage | 30 Ft |
| SizeIrregular | 30 X 125 Ft ; 125.31 Ft X 29.59 Ft X 125.30 Ft X 29.55 |
| SizeTotalText | 30 X 125 Ft ; 125.31 Ft X 29.59 Ft X 125.30 Ft X 29.55|under 1/2 Acre |
Utilities
| Cable | Available |
| Sewer | Installed |
https://www.realtor.ca/real-estate/27769749/20-adelaide-street-s-london-south-i
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Thao Thai
Salesperson
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
January 06 2025 06:20:59
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp
Contact Melanie & Shelby Pearce
Sales Representative for Royal Lepage Triland Realty, Brokerage
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Melanie Pearce
Phone: 226-268-9880
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Shelby Pearce
Phone: 519-639-0228
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