20 Adelaide Street S, London South, ON N5Z 3J8
London South , N5Z 3J8
$675,000.00
6 Bedrooms
5 Bathrooms
Residential Freehold
Property Details
| MLS Number | X12936974 |
| Property Type | Residential Freehold |
| City | London South |
| City Region | South I |
| Postal Code | N5Z 3J8 |
| Cross Street | Adelaide + Hayes St |
| Street Number | 20 |
| Street Name | Adelaide |
| Lot Width | 30 ft |
| Lot Depth | 125 ft |
| Bedrooms | 6 |
| Bathrooms | 5 |
| Annual Tax | $3,923.00 |
| Sewer | Sewer |
| Occupant Type | Tenant |
Description
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.
Selvan Puvaneswaranathan
Broker — REMAX Crossroads