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34 Adelaide St S

Adelaide St S, Chelsea Green, London, ON, N5Z 3K2

4
Beds
6
Baths
1,499 - 1,999
Sq. Ft.
$579,000
List Price
Details
Photos
37
Comparables
History
34 Adelaide St S, London, ON - 1 of 3
34 Adelaide St S, London, ON - 2 of 3
34 Adelaide St S, London, ON - 3 of 3
New
1 day on market

Quick Summary

  • Centrally located investment property
  • Mix of six well-maintained apartments
  • Four occupied units providing rental income
  • Two recently renovated vacant units
  • Estimated net income of $31,000 per year
  • Excellent connectivity to public transit
  • Easy access to local amenities
  • Strong demand for current and future tenants

This investment property is located in the heart of London, offering a mix of six well-maintained apartments: four one-bedroom units and two studios. Four of the units are currently occupied by long-term tenants, providing immediate rental income, while two recently renovated units remain vacant, offering potential for higher returns. The... Show More

This investment property is located in the heart of London, offering a mix of six well-maintained apartments: four one-bedroom units and two studios. Four of the units are currently occupied by long-term tenants, providing immediate rental income, while two recently renovated units remain vacant, offering potential for higher returns. The property boasts an estimated net income of approximately $31,000 per year. Its central location offers excellent connectivity to public transit, with easy access to all local amenities, ensuring strong demand for both current and future tenants. **** EXTRAS **** Monthly rent income: #1(1bdrm/2nd floor) =$666; #2 (1bdrm/ground) =$692; #3 (studio/ground) =$615; #4 vacant (1 bdrm/basement) potential income $1200; #5 vacant (1bdrm/ground floor) potential income $1500; #6 (studio/2nd floor) =$617 (id:54626)

Property Details

Size

1,499 - 1,999 sq. ft.
across 2 floors
4 Beds
4 Above Grade
6 Baths
6 Full

Parking

7 Parking Spaces
Detached Garage

Lot

Size
480′0″ * 1500′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Aluminum siding, Stucco
Foundation
Unknown
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Radiant heat
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X10440638
Last Updated
November 21, 2024
Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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