Great investment property close to downtown with short bus rides to both of Fanshawe College and Western University. Fully tenanted property with total rental income of $3600 per month (upper leased until Nov 2026 - $1450, and main is month to month - $2150) with tenants paying all utilities. Tenants are planning on staying. Fully funded this property has a capitalization rate about 5.5% meaning right from the start it is cash flow positive. Building was cleaned up and renovated in 2023 so very little can be expected in terms of maintenance fees for the next few years. Rents are slightly below market value meaning this building will perform more strongly and be an even better addition to your portfolio as time progresses. This yellow brick home sits on the edge of Woodfield and Old East Village. The main floor has 2 large bedrooms plus a basement with additional room. The upper has 1 bedroom plus den, both with in suite laundry. Property is being sold fully furnished excluding tenants belongings. Parking is at the rear of the building and access is off of Princess.
For sale
C$639,000
552 Adelaide St N, London, ON N6B 3J5
4beds
2baths
Duplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 119 days |
- 4 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
SUTTON GROUP - SELECT REALTY
Source: TRREB,MLS®#: X12890858
Originating MLS®#: London and St. Thomas Association of REALTORS
Originating MLS®#: London and St. Thomas Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- Central Air, Window Unit(s)
Features
- Primary Bedroom - Main Floor
- Basement: Partially Finished
- Has fireplace: Yes
- Fireplace features: Insert
Interior area
- Living area range: 1500-2000 null
Video & virtual tour
Property
Parking
- Total spaces: 4
Features
- Stories: 2
- Patio & porch: Deck, Patio
- Pool features: None
Lot
- Size: 0 Square Feet
Details
- Parcel number: 082800181
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick
- Foundation: Block
- Roof: Asphalt Shingle,Metal
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: London
Financial & listing details
- Annual tax amount: C$2,849
- Date on market: 3/17/2026
SUTTON GROUP - SELECT REALTY
SUTTON GROUP - SELECT REALTY
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Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: East London
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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