$649,000
Est. payment $2,874/moCalculate yours
20 Adelaide Street S, London South, ON N5Z 3J8
South, London, ON N5Z 3J8
- 4 + 2 Beds
- 5 Baths
- 1,500 Sq Ft
Listing courtesy of EXP REALTY MLS® X14090326
About this home
Exceptional 5-Unit Investment Opportunity! Discover the potential of this income-producing property, ideal for investors seeking reliable rental income with room to maximize returns. Featuring five separate hydro meters and ample on-site parking through back road access. Property offers practical amenities for tenants and convenient management for owners. Its desirable location near Victoria Hospital, schools, shopping, public transit, and major roadways makes it an attractive option for a wide range of renters. Whether you’re expanding your investment portfolio or looking for a value-add opportunity, this multi-unit property offers an appealing combination of existing income, rental potential, and long-term appreciation prospects. Take advantage of this opportunity to invest in London’s rental market!
Property details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4 + 2
- Bathrooms
- 5
- Kitchens
- 5
- Basement
- Apartment, Walk-Up
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Flat
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 30 x 125 Feet
- Parking
- None garage · 6 total
- Zoning
- CC
Financial
- Property Taxes
- $3,923 (2025)
Location
- Neighbourhood
- South
- Cross Street
- Hamilton St and Adelaide St N
- Direction Faces
- East
Listing
- MLS® Number
- X14090326
- Days on Market
- 1
- Listed On
- 2026-10-17
- Possession
- Flexible
- Listed By
- EXP REALTY
Features
Interior
- None
Pool
- None
Mortgage calculator
Estimated mortgage payment
$2,874 per month
- Principal and interest
- $2,874
- Property tax
- $327
- Condo fees
- $0
- Estimated monthly cost
- $3,201
Your mortgage
- Mortgage amount
- $519,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $342,889
Cash to close
- Down payment
- $129,800
- Land transfer tax
- $9,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $139,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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