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 (38114211)
Adelaide St. S / North of Thompson Rd.
Property Type
Multi-family
Annual Property Taxes
$2,658.58 (CAD)
Parking Type
Detached Garage
Time on REALTOR.ca
15 hours
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. The Canadian Real Estate Association does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.