20 Adelaide Street S, London, Ontario N5Z 3J8

Listed for:
$699,900
6 beds
5 baths
Listed 20 days ago
Other for rent: 20 Adelaide Street S, London, Ontario N5Z 3J8

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Learn more about this property
Listing provided by:
CENTURY 21 FIRST CANADIAN CORP
MLS® number:
X12018952
Agent:
Thao Thai
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About

TERRACE STREET Multi-Unit Investment Opportunity in London, Ontario. Discover this prime investment opportunity: a fully tenanted 5-unit building offering consistent rental income with a gross rent of $77,528.64 annually, making it an excellent addition to any investor's portfolio. Five Separate Hydro Meters and plenty of parking for all the tenants. Enjoy immediate cash flow at market rents with reliable, established tenants in place. Situated by Victoria hospital, close to amenities, schools, public transportation, and major thoroughfares. This is an exceptional opportunity for investors seeking stable income and growth potential in one of Ontario's most promising real estate markets. Don't miss out on this turnkey property! (id:27476)

Property Highlights

MLS® Number
X12018952
Type
Multi-family
Community Name
South I
Land Size
30 x 125 FT ; 125.31 ft x 29.59 ft x 125.30 ft x 29.55|under 1/2 acre
Parking Space Total
6

Building

Building Type
Other
Square Footage
1499.9875 - 1999.983 sqft
Bathrooms Total
5
Bedrooms Above Ground
4
Bedrooms Total
6
Amenities
Separate Electricity Meters
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
N/A (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Street Spotlight - For sale