18.5 ADELAIDE STREET S

$629,900

South I, London South, Ontario

  • 7 beds
  • 5 baths
Commercial · Multi-familyType
4Parking
Baseboard heaters, Natural gasHeating
NoneCooling
166Days on market

About this property

Triplex with ONE VACANT RENOVATED UNIT! 18.5 Adelaide Street South presents an exceptional opportunity for first time investors, house hackers, or those looking to expand their real estate portfolio. Ideally located just minutes from Victoria Hospital, Downtown London, and Highway 401, and close to 100 Kellogg Lane, the Western Fair District, as well as a wide variety of restaurants, shopping, and everyday amenities, this property offers both convenience and strong rental appeal. Unit 1 is a spacious three bedroom, one and a half bathroom unit currently rented at $2100.00 plus electricity. Unit 2 is a one bedroom, one bathroom unit currently rented at $1325.00 all inclusive. Unit 3 is vacant, providing immediate opportunity to set your own rent or live in the unit yourself. All units include in-suite laundry and parking. Whether you choose to live in one unit and rent out the other two, or lease all three units for steady rental income, this triplex offers versatility, reliability, and lasting value for any investor. (id:45603)

Property details

Interior

Bedrooms
7
Bedrooms above grade
7
Bathrooms
5 + 2 half
Storeys
2
Basement
Full
Appliances
Refrigerator, Stove, Dryer, Two Washers

Exterior & parking

Structure type
Triplex
Architectural style
[]
Lot size
30 x 125 FT
Parking spaces
4
Parking features
No Garage
Exterior features
Brick, Brick Facing

Building & HOA

Heating
Baseboard heaters, Natural gas
Cooling
None

Financial & legal

List price
$629,900
Annual taxes
$3,256
Status
Active
MLS® number
X12900736

Location

City
London South
Neighbourhood
South I
Province
Ontario
Postal code
N5Z3J8
Directions
Cross Streets: Terrace St. ** Directions: Between Terrace St & Ada St.

Room details

RoomLevelDimensionsFeatures
BathroomSecond level2.24 x 2 meters

Mortgage calculator

estimated / month

Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

Location & neighbourhood

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).