20 Adelaide Street S, London South, ON N5Z 3J8
London South, ON, N5Z 3J8 · South I
About this property
Discover this prime 5-unit investment property offering strong income potential and future upside. With one unit currently vacant, this is a great opportunity for investors to set market rent on the available suite while benefiting from stable income from the remaining tenanted units. This property features five separate hydro meters and ample on-site parking for tenants. Four units are currently occupied, providing consistent cash flow. Ideally located near Victoria Hospital and close to schools, shopping, public transit, and major thoroughfares, this property is well-positioned to attract and retain quality tenants. Whether you're looking to expand your portfolio or secure a value-add asset in a high-demand rental market, this property offers both stability and long-term growth potential in one of Ontario's most promising real estate markets. Don't miss your chance to unlock the full potential of this turnkey investment.
Features & Amenities
- Basement: Finished
- Garage: None
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Other
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | Other |
| Bedrooms | 6 |
| Bathrooms | 5 |
| Basement | Finished |
| Garage | None |
| Parking Spaces | 6 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $3,923 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Separate Hydro Meter
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Other
- Construction Materials
- Vinyl Siding
- Foundation Details
- Concrete
- Roof
- Flat
- Basement
- Finished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 6
- Parking Total
- 6.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 125.00
- Lot Width
- 30.00
Financial & Tax
- Tax Annual Amount
- $3,923
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 8
- Rooms Below Grade
- 3
- Kitchens Above Grade
- 4
- Kitchens Total
- 5
- Bedrooms Above Grade
- 4
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Middlesex
- Cross Street
- Adelaide + Hayes St
- Directions
- South on Adelaide from Hamilton Rd. Property is on the left before Terrace St.
- Special Designation
- Unknown
- Showing Requirements
- Showing System, List Brokerage
Location
20 Adelaide Street S, London South, ON N5Z 3J8, London South, ON, N5Z 3J8