A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 169 Adelaide St, London Ontario N6B 3G9
Re-listed 54 days ago

169 Adelaide St, London, Ontario N6B 3G9

Townhouse
6
5
~1500-2000 sqft
$•••,•••
$799,900
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Townhouse
6
5
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$466/sqft

Est. Mortgage$3,435/mo

Tax Amount (2024)$2,946/yr

Days On Market54 days

Total Days On Market121 days


Description

An exceptional opportunity awaits with this residential 6-plex located on a prominent corner lot in London, Ontario. Offering flexible commercial zoning, this property provides endless possibilities for future use while currently generating a gross rental income of nearly $80,000annually. Positioned in a sought-after area of London, the property is close to key amenities, transit routes, and thriving local businesses, making it attractive for tenants and future commercial ventures. Whether you're looking to diversify your portfolio or explore potential commercial opportunities, this 6-plex is a rare gem in a growing market.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size2,880 SqFt(60 x 48)
Parking Spaces4
MLS ®NumberX12018949
Community NameCentral London
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Basement: Crawl Space, Sep Entrance

Features

Lot size: 2,880 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage
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Market Data - Central London

Geo Zone Map ThumbnailCentral London

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

4 days

Compared to

2024

0 day

2023

6 days

New Listings

Past 30 days

8 listings

Compared to

2024

4 listings

2023

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

1 unit

Median Sold Price

Past 30 days

$440,000

Compared to

2023

$620,000


Population and Demographics

Overview

Total population 16774
Average household income $95,260

Age (%)

20 to 34
38%
50 to 64
18%
35 to 49
17%
65 and plus
16%
0 to 19
10%

Household composition (%)

Single person
57%
Single family
33%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
Spanish
3%
Arabic
2%
French
2%
Portuguese
1%

House tenancy (%)

Renters
77%
Owners
23%

Schools and amenities

Estimated Budget