$ 639,000
552 Adelaide Street N
552 Adelaide Street N, London East, ON N6B3J5 Photo 1
31 Photos
552 Adelaide Street N, London East, ON N6B3J5 Photo 2
552 Adelaide Street N, London East, ON N6B3J5 Photo 3
552 Adelaide Street N, London East, ON N6B3J5 Photo 6 552 Adelaide Street N, London East, ON N6B3J5 Photo 7 552 Adelaide Street N, London East, ON N6B3J5 Photo 8 552 Adelaide Street N, London East, ON N6B3J5 Photo 9 552 Adelaide Street N, London East, ON N6B3J5 Photo 10 552 Adelaide Street N, London East, ON N6B3J5 Photo 11 552 Adelaide Street N, London East, ON N6B3J5 Photo 12 552 Adelaide Street N, London East, ON N6B3J5 Photo 13 552 Adelaide Street N, London East, ON N6B3J5 Photo 14 552 Adelaide Street N, London East, ON N6B3J5 Photo 15 552 Adelaide Street N, London East, ON N6B3J5 Photo 16 552 Adelaide Street N, London East, ON N6B3J5 Photo 17 552 Adelaide Street N, London East, ON N6B3J5 Photo 18 552 Adelaide Street N, London East, ON N6B3J5 Photo 19 552 Adelaide Street N, London East, ON N6B3J5 Photo 20 552 Adelaide Street N, London East, ON N6B3J5 Photo 21 552 Adelaide Street N, London East, ON N6B3J5 Photo 22 552 Adelaide Street N, London East, ON N6B3J5 Photo 23 552 Adelaide Street N, London East, ON N6B3J5 Photo 24 552 Adelaide Street N, London East, ON N6B3J5 Photo 25 552 Adelaide Street N, London East, ON N6B3J5 Photo 26 552 Adelaide Street N, London East, ON N6B3J5 Photo 27 552 Adelaide Street N, London East, ON N6B3J5 Photo 28 552 Adelaide Street N, London East, ON N6B3J5 Photo 29 552 Adelaide Street N, London East, ON N6B3J5 Photo 30 552 Adelaide Street N, London East, ON N6B3J5 Photo 31

552 Adelaide Street N, London East

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. (id:1945)
Powered by REALTOR.ca
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Property details for 552 Adelaide Street N, London East

Type
Multi-family
Bedrooms
4
Bathrooms
2
Lot Size
32 x 120 FT
Stories
2
Basement
Partially finished, N/A
Parking
No Garage
Heating
Baseboard heaters, Forced air, Electric, Natural gas
Cooling
Central air conditioning, Window air conditioner
Exterior
Brick
Annual Taxes
$2,849

Nearby Listings Stat

Estimated price and comparable properties near 552 Adelaide Street N

Active Listings
27
Min Price
$235,000
Max Price
$837,000
Avg Price
$496,799
Days on Market
53
days
Sold Listings
11
Min Sold Price
$349,000
Max Sold Price
$695,000
Avg Sold Price
$519,145
Days until Sold
62
days

Price History

Listed
March 17, 2026
by SUTTON GROUP - SELECT REALTY
Current Price
$639,000
-1% from last change
Type
Multi-family
For Sale
Price Changes
1
Date Price Change
Current $639,000 $6,500 (-1%)
Mar 17, 2026 $645,500 Listed

Contact Agent Get in touch about 552 Adelaide Street N, London East

PERRY CASKANETTE
PERRY CASKANETTE
SUTTON GROUP - SELECT REALTY

Similar Other near 552 Adelaide Street N, London East, ON N6B3J5

Comparison of 552 Adelaide Street N, London East, ON with Nearby Other
Nearby Searches
Nearby Cities
Popular Cities
Recent Listings