20 Adelaide Street S London South, Ontario N5Z 3J8
$675,000
Discover this prime 5-unit investment property offering strong income potential and future upside. With one unit currently vacant, this is a great opportunity for investors to set market rent on the available suite while benefiting from stable income from the remaining tenanted units. This property features five separate hydro meters and ample on-site parking for tenants. Four units are currently occupied, providing consistent cash flow. Ideally located near Victoria Hospital and close to schools, shopping, public transit, and major thoroughfares, this property is well-positioned to attract and retain quality tenants. Whether you're looking to expand your portfolio or secure a value-add asset in a high-demand rental market, this property offers both stability and long-term 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:39382)
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 |
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June 24 2026 07:21:31
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp