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For saleMLS® X14090326

20 Adelaide Street S

London, N5Z 3J8

$649,000

Bedrooms
4 + 2
Bathrooms
5
Interior
1,500-2,000 ft²
Lot
30 × 125 ft
Type
Multi-unit

About this home

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!

Property details

Property type
Multiplex
Ownership
Freehold
Style
2-Storey
Property taxes
$3,923 (2025)
Heating
Forced Air, Gas
Basement
Apartment, Walk-Up
Parking
6 spaces
Sewer
Sewer
Lot
30 × 125 ft lot
Time on market
16 days on market

Features

Outside

  • Vinyl Siding
  • Flat roof

Location

Thinking about the area? Read my guide to London.

Estimate your payment

20% down. The minimum on this price is $39,900.

Your monthly payment

$2,874

Mortgage amount
$519,200
Interest over the amortization
$342,889

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.

Listing brokerage: EXP REALTY.

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X14090326.

Measurements are deemed reliable but not guaranteed.

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 CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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