Gurvinder Nokwal REALTOR®
For Sale Multiplex 1 day on market

$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
Map

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

Minimum for this price: $39,900 (6.15%)

Amortization, years

Estimated mortgage payment

$2,874 per month

Principal and interest
$2,874
Property tax
$327
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
Total, before legal fees
$139,255
Talk to me about financing

Estimates 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

20 Adelaide Street S, London South, ON N5Z 3J8 South, London, ON N5Z 3J8
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$649,000 20 Adelaide Street S, London South, ON N5Z 3J8
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