Room 1
Level not provided
18.5 Adelaide St
South I, London South, Ontario N5Z 3J8
Description
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, all inclusive unit and currently vacant. Unit 3 is is a spacious, two storey, three bedroom, one and a half bathroom unit currently rented at $1950.00 plus electricity. 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. Some photos are virtually staged.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13816604
- Board
- TRREB MLS®
- Days on market
- Tax
- $3,256
- Size
- 1500-2000 sqft
- Lot
- 30 × 125 Feet
- Parking
- None, 4 Parking
Listing History
Listing activity for 18.5 Adelaide St, London South, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $629,900 | N/A | For Sale | X13816604 |
Property Details
Property
- Property Type
- Triplex
- Style
- 2-Storey
- Community
- South I
- Municipality
- London South
Inside
- Bedrooms
- 7
- Bathrooms
- 5
- Bathroom Detail
- 2, 2pc, Main
- Bathroom Detail
- 2, 4pc, 2nd
- Bathroom Detail
- 1, 4pc, Main
- Basement Type
- Full
- Kitchens
- 3
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Baseboard
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Parking
- Garage Type
- None
- Add. Parking
- 4
- Total Parking
- 4
Land
- Sewer
- Sewers
- Lot Size
- 30 × 125 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- 3 fridges, 3 stoves, 2 washer/dryer combos, 1 stand alone washer, 1 stand alone dryer
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$2,888
- Down payment$125,980
- Mortgage amount$503,920
- Total interest$362,480
- Total cost$992,380
Cash flow analysis
$2,888
Total monthly payment
$3,159
Break-even down payment
100%
Cash flow-$3,159
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$629,900
$629,900
CAD
Estimate unavailable
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