20 Adelaide Street S London South, Ontario N5Z 3J8

6 Bedroom 5 Bathroom 1,500 - 2,000 ft2
None Forced Air

$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:61594)

Property Details

MLS® Number X12936974
Property Type Multi-family
Community Name South I
Equipment Type Water Heater
Parking Space Total 6
Rental Equipment Type Water Heater

Building

Bathroom Total 5
Bedrooms Above Ground 4
Bedrooms Below Ground 2
Bedrooms Total 6
Amenities Separate Electricity Meters
Basement Development Finished
Basement Type N/a (finished)
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1,500 - 2,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 125 Ft
Size Frontage 30 Ft
Size Irregular 30 X 125 Ft
Size Total Text 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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