Room 1
Level not provided
552 Adelaide St
East G, London East, Ontario N6B 3J5
Description
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 $3600 per 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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X12890858
- Board
- TRREB MLS®
- Days on market
- Tax
- $2,849
- Size
- 1500-2000 sqft
- Lot
- 32 × 120 Feet
- Parking
- None, 4 Parking
Listing History
Listing activity for 552 Adelaide St, London East, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $639,000 | N/A | For Sale | X12890858 |
Property Details
Property
- Property Type
- Duplex
- Style
- 2-Storey
- Community
- East G
- Municipality
- London East
Inside
- Bedrooms
- 4
- Bathrooms
- 2
- Bathroom Detail
- 1, 4pc, Main
- Bathroom Detail
- 1, 4pc, 2nd
- Basement Type
- Part Fin
- Kitchens
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air, Window Unit
- Heating Type
- Baseboard
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Parking
- Garage Type
- None
- Add. Parking
- 4
- Total Parking
- 4
Land
- Sewer
- Sewers
- Lot Size
- 32 × 120 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Block
- Roof
- Asphalt Shingle, Metal
- Fireplace
- Y
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
14 records read 7 on record nearby 7 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m14 test or monitoring holes also recorded.
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (77 records). It changes with the season and from spot to spot.
- Bedrock about 37.2 m down nearbyThe middle depth to bedrock in the well records within 500 m.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 6.9 km
Province of Ontario open data
Around the home
- Nearest rail line: 300 m
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is London District Energy, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by London Hydro Inc.
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$2,930
- Down payment$127,800
- Mortgage amount$511,200
- Total interest$367,800
- Total cost$1,006,800
Cash flow analysis
$2,930
Total monthly payment
$3,167
Break-even down payment
100%
Cash flow-$3,167
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$639,000
$639,000
CAD
Estimate unavailable
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