552 ADELAIDE STREET N, London East (East G), Ontario, N6B3J5
MLS: X12890858 | Duplex
$639,000
Property Description
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. (id:64974)
Quick Facts
- Property Type: Duplex
- Bedrooms: 4 (4 above)
- Bathrooms: 2
- Attached: Yes
- Fireplaces: 1
- Parking: 4.0 spaces (No Garage)
- Frontage: 32 ft (9.8 m)
Costs
- Annual Taxes: $2,849.00
Listing Provided by: SUTTON GROUP - SELECT REALTY
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Baseboard heaters, Forced air, Not known, Not known, Electric, Natural gas
- Cooling: Central air conditioning, Window air conditioner
- Basement: Partially finished, N/A
- Fireplace Features: Insert
Exterior & Construction
- Exterior: Brick
- Foundation: Block
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 32 ft (9.8 m)
Community & Neighbourhood
- Neighbourhood: East G
Listing Information
Listing History
MLS listing activity for 552 ADELAIDE STREET N, London East (East G), Ontario, N6B3J5 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±5%Match BedroomsYesMatch BathroomsYes
636 QUEENS AVENUE, London East (East G)
Duplex$524,900
$4,191/yr taxListing Courtesy of ROYAL LEPAGE TRILAND PREMIER BROKERAGE
603 QUEENS AVENUE, London East (East F)
Multi-Family$799,900
$5,582/yr taxListing Courtesy of PLATINUM KEY REALTY INC.
532-538 DUNDAS STREET, London East (East F)
Multi-Family$1,899,900
$13,541/yr taxListing Courtesy of THRIVE REALTY GROUP INC.
532-538 DUNDAS STREET, London East (East F)
Other$1,899,900
$13,541/yr taxListing Courtesy of THRIVE REALTY GROUP INC.
434 DUFFERIN AVENUE, London East (East F)
Multi-Family$1,520,000
$8,265/yr taxListing Courtesy of ROYAL LEPAGE TRILAND REALTY
434 DUFFERIN AVENUE, London East (East F)
Other$1,520,000
$8,265/yr taxListing Courtesy of ROYAL LEPAGE TRILAND REALTY
358 GLEBE STREET E, London East (East A)
Other$514,900
$1,620/yr taxListing Courtesy of RE/MAX Tri-County Realty Inc Brokerage
1 - 389 DUFFERIN AVENUE, London East (East F)
Fourplex$1,749/mo
Listing Courtesy of THRIVE REALTY GROUP INC.
389 DUFFERIN AVENUE, London East (East F)
Fourplex$999,900
$6,152/yr taxListing Courtesy of THRIVE REALTY GROUP INC.
379 CENTRAL AVENUE, London East (East F)
Duplex$399,900
$3,839/yr taxListing Courtesy of STREETCITY REALTY INC.
870 QUEENS AVENUE, London East (East G)
Triplex$1,200,000
$5,544/yr taxListing Courtesy of THE AGENCY REAL ESTATE
848 DUNDAS STREET E, London East (East G)
Fourplex$1,199,900
$5,157/yr taxListing Courtesy of ROYAL LEPAGE TRILAND REALTY
867 QUEENS Avenue, London
Duplex$499,900
$3,152/yr taxListing Courtesy of RE/MAX Real Estate Centre Inc.
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
17 MCDONALD AVENUE, London North (North K)
Duplex$640,000
$6,152/yr taxListing Courtesy of BLUE FOREST REALTY INC.
179 MAIN STREET, North Middlesex (Ailsa Craig)
Duplex$639,000
$4,286/yr taxListing Courtesy of COLDWELL BANKER STAR REAL ESTATE
16 ALBERT STREET N, Orillia
Duplex$639,000
$2,554/yr taxListing Courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.
115 SPADINA AVENUE, Hamilton (Stipley)
Triplex$639,999
$5,511/yr taxListing Courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.
132 RICHARD STREET, Bracebridge (Macaulay)
Duplex$635,000
$2,784/yr taxListing Courtesy of Forest Hill Real Estate Inc.
3 ELGIN Street S, Thorold
Duplex$644,900
$6,146/yr taxListing Courtesy of Coldwell Banker Momentum Realty
75 PINE Street S, Thorold
Duplex$644,900
$4,758/yr taxListing Courtesy of Coldwell Banker Momentum Realty
4 HUDSON Drive, St. Catharines
Duplex$644,900
$4,686/yr taxListing Courtesy of Rock Star Real Estate Inc.
4 HUDSON DRIVE, St. Catharines (Vine/Linwell)
Duplex$644,900
$4,686/yr taxListing Courtesy of ROCK STAR REAL ESTATE INC.
957 KATIA STREET, The Nation
Duplex$633,000
Listing Courtesy of LPT REALTY
31-33 WASHBURN STREET, Prince Edward County (Picton Ward)
Duplex$645,000
$2,411/yr taxListing Courtesy of CHESTNUT PARK REAL ESTATE LIMITED
306-308 OAK STREET, Gananoque
Other$630,000
$5,913/yr taxListing Courtesy of ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
42 RIVERSIDE DRIVE, Welland (Broadway)
Fourplex$629,999
$4,906/yr taxListing Courtesy of HOMELIFE G1 REALTY INC.
93 WELLINGTON Street, Welland
Duplex$629,999
$3,807/yr taxListing Courtesy of Michael St. Jean Realty Inc.
24 MARY STREET W, Huntsville (Chaffey)
Duplex$629,900
$2,684/yr taxListing Courtesy of Sutton Group Muskoka Realty Inc.
Similar Properties ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
No active comparables found in this area.
No rental comparables found in this area.
Sold Comparables
Access to sold property data requires a registered and verified account with TRREB DDF integration.
Coming SoonRented Comparables
Access to rented property data requires a registered and verified account with TRREB DDF integration.
Coming SoonBook a Viewing
552 ADELAIDE STREET N, London East (East G), Ontario, N6B3J5