$ 579.000
ON London
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34 Adelaide Street S, London

  • Bedrooms: 4
  • Bathrooms: 6
  • Living area: 1956 square feet
  • Added: 11 hours ago
  • Updated: 9 hours ago
  • Last Checked: 1 hours ago
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. (id:1945)
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Property DetailsKey information about 34 Adelaide Street S

  • Cooling: None
  • Stories: 2
  • Exterior Features: Stucco, Aluminum siding
  • Type: Investment Property
  • Number Of Apartments: 6
  • One Bedroom Units: 4
  • Studios: 2
  • Net Income: $31,000 per year

Interior FeaturesDiscover the interior design and amenities

  • Basement: Finished, Full
  • Living Area: 1956
  • Bedrooms Total: 4
  • Above Grade Finished Area: 1956
  • Above Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Other
  • Occupied Units: 4
  • Vacant Units: 2
  • Renovation Status: Recently renovated units available

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 34 Adelaide Street S

  • Lot Features: Paved driveway, Crushed stone driveway
  • Water Source: Municipal water
  • Parking Total: 7
  • Parking Features: Detached Garage

Location & CommunityUnderstand the neighborhood and community

  • Directions: Adelaide St. S / North of Thompson Rd.
  • Common Interest: Freehold
  • Street Dir Suffix: South
  • Subdivision Name: South I
  • Community Features: Community Centre
  • City: London
  • Central Location: Yes
  • Transit Connectivity: Excellent
  • Access To Amenities: Easy access to local amenities

Business & Leasing InformationCheck business and leasing options available at 34 Adelaide Street S

  • Rental Income: Immediate from occupied units
  • Potential Returns: Higher returns possible from vacant units

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 34 Adelaide Street S

  • Tax Annual Amount: 2658.58
  • Zoning Description: R2-2

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 6
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More Details?
Peter Brown
  • Peter Brown
  • Royal LePage Real Estate Services Ltd., Brokerage
  • 416-830-7487
  • WebSite
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