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$1,989,000
Ontario,London East (East C)
For Sale Active
894 ADELAIDE STREET N, London East (East C), Ontario N5Y2M5
  • 11
  • 6
  • 3000 - 3500Square Feet
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Basic Details
Description

FULLY RENOVATED 6- UNIT APARTMENT BUILDING + APPROVED DEVELOPMENT SITE. An exceptional investment opportunity in OLD NORTH. This fully renovated six-unit apartment building offers immediate cash flow and future development potential. Existing building features 5 x 2 bedroom + 1 x 1 bedroom. Completley renovated to drywall and floor to ceiling. Luxury contemporary kitchens with quartz countertops, and 3 stainless

steel appliances per suite. Luxury baths with full tubs and vanities with quartz countertops. High end light fixtures, tile and flooring throughout suites and common areas. Electric fireplaces in all units. Security controlled entry with video doorbells. New electrical, plumbing, and high eff. boiler system. New eff. windows throughout. Exterior: new sidewalks and asphalt parking lot and driveway. Annual income of approximately $126,000. Turnkey investment – strong rental performance with minimal maintenance. Location benefits- prime location on the edge of Old North. Close to shopping, transit, parks, and school. High demand rental area with long term growth potential. Contact your Agent today to schedule a viewing or request full development plans. This is a rare opportunity to secure a high performing asset with built in expansion potential. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12501830
  • Price: $1,989,000
  • Bedrooms: 11
  • Bathrooms: 6
  • Square Footage: 3000 - 3500 Sqft
  • Status: Active
  • Property Sub Type: Multi-family
  • Office Key: 47312
Features & Appliances
Features
  • Heating System: Natural gas, Baseboard heaters
  • Cooling System: None
  • Basement: Finished, Full
  • Parking: No Garage
  • Exterior Features: Brick, Concrete
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer
Address Map
  • Location: CA, Ontario, London East (East C), N5Y2M5
  • Street: ADELAIDE
  • Street Number: 894
  • Street Suffix: Street
  • Longitude: W82° 45' 39.2''
  • Latitude: N43° 0' 17.4''
  • Street Dir Suffix: North
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 49.5 x 282.3 FT ; 98.14 X 282.32 X 49.99 X 49.53FT
  • Stories: 3.0
Financial
  • Tax Annual Amount: 10544.52
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Listing updated: 2025-12-22 07:32:12
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Listing Information
  • List Agent Key: 1387723
  • List Office Key: 47312
  • Modification Timestamp: 2025-11-18T19:05:18Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2025-11-18T18:53:36Z
Powered by REALTOR.ca
Listing updated: 2025-12-22 07:32:13
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