34 Adelaide St S

South I, London, N5Z 3K2
FOR SALE
$579,000
Sold
$550,000
34 Adelaide St S, London
34 Adelaide St S
34 Adelaide St S
34 Adelaide St S
34 Adelaide St S
34 Adelaide St S
34 Adelaide St S
34 Adelaide St S
34 Adelaide St S
34 Adelaide St S
4
BEDROOMS
6
BATHROOMS
6
KITCHENS
14
ROOMS
X10440638
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-21 2024-12-16 25 $579,000 $550,000 Sold
Property Description
This Investment Property Is Located In The Heart Of London, Offering A Mix Of Six Well-Maintained Apartments: Four One-Bedroom Units And Two Studios. Four Of The Units Are Currently Occupied By Long-Term Tenants, Providing Immediate Rental Income, While Two Recently Renovated Units Remain Vacant, Offering Potential For Higher Returns ($20K Spent On Renovation). The Property Boasts An Estimated Net Income Of Approximately $31,000 Per Year. Its Central Location Offers Excellent Connectivity To Public Transit, With Easy Access To All Local Amenities, Ensuring Strong Demand For Both Current And Future Tenants.
Extras
Monthly Rent Income: #1(1Bdrm/2Nd Floor) =$666; #2 (1Bdrm/Ground) =$692; #3 (Studio/Ground) =$615; #4 Vacant (1 Bedroom/Basement) Potential Income $1200; #5 Vacant (1Bdrm/Ground Floor) Potential Income $1500; #6 (Studio/2Nd Floor) =$717
Property Details
Community
City
Property Type
Multiplex, 2-Storey
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