$639,000
FOR SALE

Duplex 2-Storey

Bedrooms: 4Bathrooms: 2Lot: 32 x 120 ft
2025 Taxes: $2,849

552 Adelaide St N
London East, ON N6B 3J5 | East G | Middlesex

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.
Extras
Primary Bedroom - Main Floor
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Listed By SUTTON GROUP - SELECT REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12890858
Last Updated Mar 17, 2026
Property Summary
Property Type Duplex

More like this:
PIN 082800181
Legal Description PART LOTS 1 AND 2 AND 5, PLAN 388(3RD) AS IN 799473; SUBJECT TO AND TOGETHER WITH 799473 LONDON
Taxes (2025) $2,849
Directions/Cross Streets Princess
Neighbourhood East G
Area Middlesex
Price History

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Detailed Information
Fronting On East
Special Designations Unknown
Bedrooms 4
Bathrooms 2
Lot 32 x 120 ft
Exterior Brick
Air Conditioning Central Air, Window Unit(s)
Fireplace/Stove Y
Basement Partially Finished
Garage Type None
Parking Spaces 4
Heat Source Electric
Heat Type Baseboard
Sewers Sewer

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