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    For Sale - 894 ADELAIDE Street, London East, Ontario

    Est payment $9,859/mo
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    Time on Jump  33 day

    AI Summary *

    • Fully renovated six-unit apartment building providing immediate cash flow.
    • Five two-bedroom and one one-bedroom units for diverse tenant options.
    • Luxury kitchens and baths with high-end finishes in each suite.
    • Security-controlled entry and modern amenities for tenant safety.
    • Located in a high-demand rental area with growth potential.




    Fully renovated 6- unit apartment building + approved development site. An exceptional investment opportunity in old north. This fully renovated six-unit apartment building offers immediate cash flow and future development potential. Existing building features 5 x 2 bedroom + 1 x 1 bedroom. Completley renovated to drywall and floor to ceiling. Luxury contemporary kitchens with quartz countertops, and 3 stainless steel appliances per suite. Luxury baths with full tubs and vanities with quartz countertops. High end light fixtures, tile and flooring throughout suites and common areas. Electric fireplaces in all units. Security controlled entry with video doorbells. New electrical, plumbing, and high eff. Boiler system. New eff. Windows throughout. Exterior: new sidewalks and asphalt parking lot and driveway. Annual income of approximately $126,000. Turnkey investment - strong rental performance with minimal maintenance. Location benefits- prime location on the edge of old north. Close to shopping, transit, parks, and school. High demand rental area with long term growth potential. Contact your agent today to schedule a viewing or request full development plans. This is a rare opportunity to secure a high performing asset with built in expansion potential.
    Listing IDX12501830
    Address894 ADELAIDE Street
    CityLondon East, Ontario
    Price$1,989,000
    Bed / Bath11 / 6 Full
    Style3-Storey, Multiplex
    ConstructionBrick, Concrete
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features OtherAmenities HospitalFeatures Irregular LotOwnership FreeholdBasement Full, FinishedFoundation Concrete BlockHeating / Cooling BaseboardHeating Fuel GasSewer Sewer

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    Listing Agency:  SUTTON GROUP - SELECT REALTY
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    894 Adelaide Street
    London East , Ontario
    11 6 $1,989,000
    Get more info