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Property Description
Welcome to 144 Adelaide St, London, a versatile duplex offering strong investment potential with both residential and possible business use. Registered with the city as a duplex, this property is ideally located close to downtown, major amenities, transit, and key attractions, making it attractive for tenants and long term growth. The home features two self contained units, both currently rented, generating a combined monthly income of $2,600 and providing immediate cash flow, with the property offering positive cash flow after expenses. The property has seen numerous updates over recent years as per previous ownership, including improvements to major systems, exterior finishes, and interior spaces, contributing to its overall functionality and appeal. Whether you are looking to expand your investment portfolio, secure a property that carries itself, or explore a mixed use opportunity, 144 Adelaide St presents excellent value in a high demand location.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2025-04-30 | 2025-06-18 | 49 | $399,900 | $375,000 |
Property Features
Park, Place Of Worship, Public Transit, School, Carpet Free, Private
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Property Details
Address
144 Adelaide Street
Community
City
Postal Code
N6B 3G8
Property Type
Duplex, Duplex
Zoning
AC4/AC5
Lot Size
33' x 153'
Taxes
$3,437 (2025
Basement
Unfinished, Partial Basement
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Bridge Realty
This legal side-by-side 1.5 story duplex near London's core features a separately metered very spacious split level two bed unit with basement and a main level one bed unit. With felxible Closing and substantial deposit option exists to provide a unit vacant upon Closing. Opportunity knocks for investors and could be open to owners looking for a mortgage helper opportunity to occpuy a unit. As a solid income property, the three bed Unit 1B is rented at $1,795/mo + hydro currently [Unit 1B is a split level three bedroom unit with unfinished basement] and $1,150/mo + hydro currently for Unit 1A [main level one bedroom unit]; both units have a single parking space included. This is a very large duplex, one of the larger ones in the area, above ground square footage on ground level and a lofted upper level in both units, along with unfinished basement space offering lots of development potential to add more finsihed rooms (clear height would not faciliate legal bedrooms below grade). Both units feature seperate entrances and Unit 1B also has backyard access. 1 Rathgar Street is a solid dual income rental property or well suited for an individual or couple looking for income offset potential to live in one unit and use the rental inome to help pay down the mortgage. Property includes kitchen appliances and laundry in each unit. This property is close to the downtown core, near to many schools, offers access to ample public transit routes, and is in close proximity to hospitals. This property will remain in feeder school district for Thames Valley School Baord for Aberdeen PS with redrawing of districts set to take effect in September 2026.
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Opportunity knocks at 781 Dufferin Avenue ! This up down duplex is owner occupied and offers income potential from the vacant one bedroom upper unit . Located near some of East London's most exciting amenities, the main level unit is owner occupied and features a total of two bedrooms, and full bath . The kitchen and living room are located on the main floor as well. With two separate entrances, the upper unit is vacant and move-in ready. The upper unit is a1- bedroom apartment, currently vacant providing immediate potential for rental income. This property is conveniently located near many of East London ' s most popular amenities including the Western Fair, the artisan market , raceway, casino , sports complex, and 100 Kellogg Lane ,which includes The Factory, Powerhouse Brewery, and other unique attractions . Whether you ' re an investor or looking for a multi-functional property, 781 Dufferin Avenue is a rare investment opportunity in a highly desirable location. Property is to be sold in as is condition.
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Welcome to 41 High St, located within walking distance to Old South - a charming neighbourhood known for its coffee shops, restaurants, live entertainment, and boutique gift stores. This duplex features both an upper and main floor unit, each offering 2 bedrooms and 1 bathroom. The main floor unit includes high ceilings, large windows, and a mudroom with private laundry. The upper unit features a newly renovated kitchen (2021), a spacious bathroom, and a private balcony with west-facing views. The property includes 2 parking spaces plus a garage.
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Look no further if you are looking to get into the rental market or add to your existing portfolio. This duplex has been extensively renovated, with new flooring, kitchen, bathrooms, painting, steel entrance doors. There have been updates to the exterior along with some windows. This is a low maintenance property and could make a great long term investment with a great return. The main level features a kitchen, dining room, livingroom, 2 bedrooms and a 4 piece bath. The upper unit features a kitchen, dining/livingroom, 2 bedrooms and a 4 piece bath. This is a great opportunity to get into the rental market and take a step to secure your future financially.
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One floor duplex located just steps from Quebec Street, The unit is close to Fanshawe College on the main bus route. Front unit has been updated with the galley style kitchen. Both of the units have laundry hook ups. All of the windows on the main floor have been updated.The electrical has been updated and is now a 200 amp service. The main floor ceilings have been redone with the studs being 8 inch to add a future 2nd floor to the home. The front unit is larger than the rear. The basement is unfinished with separate entrance on the west side of the home. Large rear yard with patio off the rear unit. There are plans and permits that will allow for a new garage. Front unit is vacant and is perfect for the buyer to move in. Water heater is owned. Possession is flexible if required.
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1.5-storey duplex much bigger than it looks with very high income potential, Located minutes from Fanshawe College, the Kellogg's Complex, and downtown, this home offers a rare combination of space and versatility, with huge income potential with 5 bedrooms at an affordable price. 2nd kitchen in the lower level with separate entrance. 3 Full bathrooms. Lower has a new tenant starting July 1st at $1,200 per month plus utility. Main unit was previously rented for $2,000 monthly. Upgrades include a 200-amp electrical panel, a high-efficiency furnace (2018), and a central A/C unit (2021) Easy to show! No sign on property.
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