I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.
London South · South I
20 Adelaide Street S
Multiplex
MLS® #X14090326
Listed for$649,0005 days on market
4+2 bed 5 bath 6 parking 1500-2000 sq ft~$371/sq ft
New this week
Transit stop ~71.9 km
Free · about 10 seconds
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Est. all-in monthly~$3,347/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.
Source: TRREB sold data via Repliers · all property types
Description & details
Exceptional 5-Unit Investment Opportunity! Discover the potential of this income-producing property, ideal for investors seeking reliable rental income with room to maximize returns. Featuring five separate hydro meters and ample on-site parking through back road access. Property offers practical amenities for tenants and convenient management for owners. Its desirable location near Victoria Hospital, schools, shopping, public transit, and major roadways makes it an attractive option for a wide range of renters. Whether you're expanding your investment portfolio or looking for a value-add opportunity, this multi-unit property offers an appealing combination of existing income, rental potential, and long-term appreciation prospects. Take advantage of this opportunity to invest in London's rental market!
The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.
Listed by EXP REALTY. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.