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For Sale

Duplex #X12890858

$639,000

Estimated value: $599,820

6%

552 Adelaide St N

London East - East G

4 bds
2 ba
1500-2000 sqft
Commutes
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Property history Buy/sell history for 552 Adelaide St N London East

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$639,000

For Sale

Date: 12 Mar, 2026 49 days
X12890858
Property details
Highlights
Home value
Rental analysis
Payments
Market trends

Home facts

Details

Rooms

Tax
$2849/yr
Property type
Duplex
Style
2-Storey
Sqft
1500-2000
Lot size
32 x 120
Price/sqft
$319.50/sqft
Basement
Part Fin
Parking
None garage, 4 parking
MLS® #
X12890858
Major intersection
Princess
Neighbourhood
East G
Listed on
12 Mar, 2026

About this home

Great investment property close to downtown with short bus rides to both of Fanshawe College and Western University. Fully tenanted property with total rental income of $3600per month (upper leased until Nov 2026 - $1450, and main is month to month - $2150) with tenants paying all utilities. Tenants are planning on staying. Fully funded this property has a capitalization rate about 5.5% meaning right from the start it is cash flow positive. Building was cleaned up and renovated in 2023 so very little can be expected in terms of maintenance fees for the next few years. Rents are slightly below market value meaning this building will perform more strongly and be an even better addition to your portfolio as time progresses. This yellow brick home sits on the edge of Woodfield and Old East Village. The main floor has 2 large bedrooms plus a basement with additional room. The upper has 1 bedroom plus den, both with in suite laundry. Property is being sold fully furnished excluding tenants belongings. Parking is at the rear of the building and access is off of Princess. Read More

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Estimated value: $599,820

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Property is listed by SUTTON GROUP - SELECT REALTY

We are hiring | Join ReApp team

Property is listed by SUTTON GROUP - SELECT REALTY

We are hiring | Join ReApp team

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