More Photos More Photos

snow covered property entrance featuring brick siding Features: balcony

snowy aerial view featuring a residential view Features: residential view

view of front of property with stairs, a chimney, and a metal roof Features: fence

snow covered back of property with stairs, a metal roof, and brick siding Features: split ac unit, fence, deck

fenced backyard with stairs, a wooden deck, and a patio Features: patio, deck, fence

snow covered patio with stairway and a patio area Features: fence

kitchen with freestanding refrigerator, wainscoting, white cabinets, stainless steel dishwasher, and light tile patterned floors Features: tile floor, sink, white cabinets, natural light, open shelves, refrigerator, microwave, hardwood floor, countertops, visible hinge cabinets, raised cabinets, dishwasher

living room with light wood-style floors, a fireplace, healthy amount of natural light, a chandelier, and a textured ceiling Features: tv, fireplace, natural light, hardwood floor, textured ceiling, notable chandelier

living room featuring a wainscoted wall, a decorative wall, light wood-style flooring, a chandelier, and a textured ceiling Features: textured ceiling, hardwood floor, crown molding, smoke carbon monoxide detector, notable chandelier

living area with a chandelier, a fireplace, light wood finished floors, and wainscoting Features: natural light, fireplace, tv, hardwood floor, notable chandelier

bedroom featuring light wood-style flooring, a textured ceiling, and a chandelier Features: textured ceiling, notable chandelier, hardwood floor, natural light

bedroom with wood finished floors, a chandelier, and a closet Features: closet, textured ceiling, notable chandelier, hardwood floor

bedroom featuring vaulted ceiling and wood finished floors Features: hardwood floor, natural light, vaulted ceiling

full bathroom featuring vanity and shower / bath combination with glass door Features: toilet, combined bath shower, vanity, sink, tile floor

stairway featuring wood finished floors Features: hardwood floor

laundry room with light wood-style floors, washer / clothes dryer, and cabinet space Features: hardwood floor, laundry, low ceiling, sink, washer dryer

washroom featuring cabinet space, washer and clothes dryer, and light wood-style flooring Features: separate washer dryer, laundry, washer hookup, sink, hardwood floor

bedroom featuring light wood-style flooring and baseboards Features: hardwood floor

bedroom with wood finished floors and recessed lighting Features: low ceiling, hardwood floor

kitchen featuring freestanding refrigerator, reddish brown cabinets, light tile patterned flooring, and red cabinetry Features: red cabinets, stone countertops, baseboard radiator, visible hinge cabinets, refrigerator, tile floor, open shelves, reddish brown cabinets

kitchen with freestanding refrigerator, light countertops, open shelves, light tile patterned floors, and black microwave Features: track lighting, open shelves, refrigerator, sink, microwave, tile floor, kitchen peninsula, countertops

kitchen with reddish brown cabinets, light tile patterned floors, a peninsula, light stone countertops, and red cabinets Features: natural light, ceiling fan, kitchen peninsula, open shelves, tile floor, tv, refrigerator, reddish brown cabinets, stone countertops, red cabinets

full bath with bathing tub / shower combination and light tile patterned flooring Features: sink, tile floor, toilet, natural light, vent, mirror, combined bath shower

bedroom with light wood-style flooring Features: natural light, hardwood floor, notable chandelier, walk in closet

living room featuring plenty of natural light, a textured ceiling, wood finished floors, and a chandelier Features: baseboard radiator, natural light, notable chandelier, tv, textured ceiling, hardwood floor

bedroom with wood finished floors, crown molding, and a closet Features: closet, hardwood floor, crown molding

living area featuring wood finished floors, a chandelier, a fireplace, and a textured ceiling Features: hardwood floor, natural light, tv, fireplace, notable chandelier, textured ceiling

view of front of house featuring brick siding

‹ › ×

For Sale - 552 Adelaide Street, London East, Ontario

552 Adelaide Street

London East , Ontario

4 2 $645,500

Est payment $3,200/mo

Get pre-qualified

Time on Jump 74 day

AI Summary *

Great investment property near downtown, close to schools and transit.
Fully tenanted with rental income of $3645 per month and utilities covered.
Recently renovated with low maintenance expected for the next few years.
Slightly below market rents suggest potential for increased cash flow.
Furnished building with convenient rear parking access.

Mortgage Calculator

Purchase Price

Term

Interest Rate

Payment Frequency

Down Payment:
$ 32,275 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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 $3645 per month (upper leased until nov 2026 - $1495, 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.

Listing IDX12563014

Address552 Adelaide Street

CityLondon East, Ontario

Price$645,500

Bed / Bath4 / 2 Full

Style2-Storey, Duplex

ConstructionBrick

Land Size0.09

TypeMulti-Family

StatusFor Sale

Extras

Subtype DuplexIndoor Features Primary Bedroom - Main FloorOutdoor Features Deck, PatioOwnership FreeholdBasement Partially FinishedFoundation BlockHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

Market Info

Parking 4.00

Listing Agency:
SUTTON GROUP - SELECT REALTY

Request a Tour
Request Info

ASAP

Wed

Feb

Thu

Feb

Fri

Feb

Sat

Feb

Sun

Feb

Mon

Feb

Tue

Feb

Wed

Feb

Thu

Feb

Fri

Feb

Sat

Feb

Sun

Feb

Mon

Feb

Tue

Feb

Wed

Feb

Thu

Feb

Fri

Feb

Sat

Feb

Sun

Feb

Mon

Feb

Tue

Feb

Wed

Feb

Thu

Feb

Fri

Feb

Sat

Feb

Sun

Mar

Mon

Mar

Tue

Mar

Wed

Mar

In-Person Video Chat

By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

Listing Agency:
SUTTON GROUP - SELECT REALTY

Hospital

Parks

Schools

Place of Worship

Please select an amenity above to view a list.

For Sale - 552 Adelaide Street, London East, Ontario

AI Summary *

Mortgage Calculator

Property Info

Extras

Market Info

View Amenities List

Recommended Properties