For Sale Mar 30, 2026 Multiplex

20 Adelaide Street S

4+2 Beds
5 Baths
1500-2000 Sq Ft
Sale Price $675,000

Description

Discover this prime 5-unit investment property offering strong income potential and immediate upside. With 3 units currently vacant, this is a rare opportunity for investors to set their own rents and maximize returns from day one. The property features five separate hydro meters and ample on-site parking for tenants. Two units are currently tenanted, providing existing income. Ideally located near Victoria Hospital, and close to schools, shopping, public transit, and major thoroughfares, this property is well-positioned to attract quality tenants. Whether you’re looking to expand your portfolio or secure a value-add asset in a high-demand rental market, this opportunity offers both stability and growth potential in one of Ontario’s most promising real estate markets. Don’t miss your chance to unlock the full potential of this turnkey investment.

Property Details

Bedrooms: 4+2
Bathrooms: 5
Square Feet: 1500-2000
MLS Number: X12936974

Characteristics

Property

Status: Sale
Type: Multiplex
Style: Other
Size (sq ft): 1500-2000
Area: Middlesex
Community: South I

Inside

Bedrooms: 4
Bedrooms Plus: 2
Bathrooms: 5
Kitchens: 4
Rooms: 8
Rooms Plus: 3
Den/Family Room: Y
Air Conditioning: None

Building

Basement: Finished
Heating: Forced Air
Water supply: Municipal
Exterior: Vinyl Siding

Suite

Kitchens Plus: 1

Parking

Garage: None
Parking Places: 6
Parking Total: 6

Fees

Taxes: 3923
Tax Year: 2025
Cable Included: A
Tax Legal Description: PT LTS 10 & 11 BLK G PLAN 437 AS IN 786235 LONDON/WESTMINSTER

Utilities

Electricity: Y
Gas: Y
Cable: A

Land

Fronting On: E
Frontage: 30
Lot Depth: 125
Lot Size Units: Feet
Water Source: Municipal
Pool: None
Parcel Number: 083560012
Cross Street: Adelaide + Hayes St

Sale History

Date Event Price MLS Number
Mar 30, 2026 Listed $675,000 X12936974

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