20 Adelaide Street S, London South (South I), Ontario N5Z 3J8 (29534521)
20 Adelaide Street S London South, Ontario N5Z 3J8
$675,000
Discover this prime 5-unit investment property offering strong income potential and immediate upside. With 3 units currently vacant, this is a rare opportunity for investors to set their own rents and maximize returns from day one. The property features five separate hydro meters and ample on-site parking for tenants. Two units are currently tenanted, providing existing income. Ideally located near Victoria Hospital, and close to schools, shopping, public transit, and major thoroughfares, this property is well-positioned to attract quality tenants. Whether you're looking to expand your portfolio or secure a value-add asset in a high-demand rental market, this opportunity offers both stability and 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:60297)
Property Details
| MLS® Number | X12936974 |
| Property Type | Multi-family |
| Community Name | South I |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 6 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 5 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 6 |
| Amenities | Separate Electricity Meters |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| CoolingType | None |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 125 Ft |
| SizeFrontage | 30 Ft |
| SizeIrregular | 30 X 125 Ft |
| SizeTotalText | 30 X 125 Ft |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29534521/20-adelaide-street-s-london-south-south-i-south-i
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Meghan Caddey
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Ivan Jaramillo Romero
Salesperson
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March 31 2026 02:32:07
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