John DiRenzo, Sales Representative • Phone: 1-800-901-6905 • https://www.homechannel.ca RE/MAX Centre City John DiRenzo Team Brokerage

120 Adelaide Street, London ON N6B 3G8 - MLS# 40504635

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120 Adelaide Street N, London

Brokered by: MAVERICK REAL ESTATE INC., BROKERAGE

MLS® ID 40504635

$624,900.00 For Sale | Residential Income

FOR SALE
Type: Residential Income 
Property Type: Multi-3 Unit
MLS® District: London / East
County: Middlesex
Postal Code: N6B 3G8
Direction Faces: West
Year Built: 1867
New Construction Y/N:  No
Stories Total: 1.5
Bedrooms Total:  6
Number Of Units Total:  3

     
Cross Street: LAYARD
Directions: Located between Hamilton and Layard on the east side of Adelaide. Visitor parking available on Laylard or across the street on Hill.
Exterior Features: Landscaped,Separate Hydro Meters
Interior Features: Separate Heating Controls,Separate Hydro Meters
Appliances:  Dishwasher,Refrigerator,Stove
Inclusions:  Smoke Detector,3 Stoves, 3 Fridges, Dishwasher
Exclusions:  Any Tenant Belongings & (Shed, Chest Freezer, Washer, Dryer In Unit B), (Stackable Washer/Dryer In Unit A)
Patio and Porch Features:  Patio
Lot Depth:  152.67
Lot Size: 152.67 x 44 44.00  Fronting: East
Lot Size Square Feet:  6751.8
Lot Size Acres:  0.155 Acres
Lot Features:  Rectangular,Dog Park,City Lot,Hospital,Library,Park,Place of Worship,Playground Nearby,Public Transit,Rec./Community Centre,School Bus Route,Schools,Shopping Nearby,Trails
Lot Irregularities:  152.98 X 44.11 X 152.95 X 44.11 FT
Acres Range:  < 0.5
Restrictions:  Unknown
Parking Features:  Asphalt
Driveway Parking:  Private Drive Single Wide
Parking Total:  5
Open Parking Y/N:  true
Open Parking Spaces:  5
Building Area Total Aprx.:  2390 Square Feet
Finished SqFt Aprx. (Above Grade):  2060 Square Feet
Finished SqFt Aprx. (Below Grade):  330 Square Feet
Laundry Features:  In-Suite
Exterior: Brick,Vinyl Siding
Roof:  Asphalt Shing
Basement:  Partial,Partially Finished
Security Features:  Smoke Detector
Sewer:  Sewer (Municipal)
Water Meter Y/N:  true
Water:  Municipal
Water Treatment:  No
Heating:  Electric,Radiant
Cooling:  Other
Fireplace Y/N:  false
Crops Included Y/N:  No
Net Income:  39864
WaterFront Y/N:  No
Other Structures:  Shed(s)
Fencing:  Fence - Partial
Foundation Details:  Block,Poured Concrete
Insurance Expense:  2250
Road Surface Type:  Paved
Road Frontage Type:  Municipal Road
Expenses:  Actual
Utilities Expense:  3588
Neighbourhood Listings

120 Adelaide Street
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Remarks: Investors! Excellent opportunity in this legal non-conforming triplex! Fully rented to *excellent tenants* with opportunity for growth with potential to add an additional unit under new bylaws and/or garage rental income. All separately metered and seperate entrances to each unit. Unit A - 2 bedrooms, 1 bathroom rented at $1115/monthly + personal hydro. Unit B 2+1 bedrooms, 1 bathroom rented at $1570/monthly + personal hydro. Unit C - 1 bedroom, 1 bathroom rented at $637/monthly + personal hydro. Boiler system heats units A & B - serviced in 2023. Unit C heated via electric heating. Landlord pays gas and water. Current rental license. Previous fire inspection. No shortage of parking. Located close to transit. A solid investment property with room to grow!

Nearby Schools - What's For Sale Near?

Aberdeen Public School - 000.22 km
B Davison Secondary School Secondary School - 000.73 km
Lester B Pearson School for the Arts - 000.79 km
St Mary School - 000.87 km
H B Beal Secondary School - 000.95 km
G A Wheable Secondary School - 001.12 km
Trafalgar Public School - 001.19 km
Catholic Central High School - 001.20 km
Princess Elizabeth Public School - 001.44 km
Holy Rosary Separate School - 001.55 km
Lord Roberts Public School - 001.57 km
Tecumseh Public School - 001.64 km

Contact Us!

120 Adelaide Street N, London ON N6B 3G8 | MLS ID® 40504635
For More Information or Schedule a Showing, send John a Message or Call 1-800-901-6905
John DiRenzo, Sales Representative | RE/MAX Centre City John DiRenzo Team Brokerage


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For Sale In The Area | 120 Adelaide Street London | MLS® ID 40504635

154 Dreaney AVENUE
$374,900.00
154 Dreaney Avenue
London
MLS® ID 40473608

This charming three-bedroom, two-bathroom home is situated on a deep lot & offers high ceilings, hardwood flooring throughout most of the main floor & a sizeable front porch. In the heart of the home, a recently renovated kitchen offers plenty of storage space and easy access to the large fenced backyard. The generously sized second bathroom provides both practicality and relaxation, featuring a double sink vanity and a large soaker tub. Downstairs, the basement is currently unfinished, leaving it open to possibilities. Parking is a breeze with a private driveway that can accommodate up to thr..  154 Dreaney Avenue..

Brokered by: Blue Forest Realty Inc.

144 William STREET
$875,000.00
144 William Street
London
MLS® ID 40436771

FULLY UPDATED LEGAL NON-CONFORMING USE TURNKEY FOURPLEX - IDEAL FOR LOW STRESS INCOME PROPERTY FOR INVESTORS This hidden gem nestled away on a quiet side street in the gentrified hub of SOHO (South of Hamilton Road) boasts solid income on all four rented units. This property has a working 5.6%+ Cap Rate at the Asking Price. This property has very high quality tenants that have been an added blessing to this cash flowing asset. All of the units were renovated with new furnace, hot water heaters, roof, windows, flooring, kitchens, washroom upgrades, new trim and millwork, stucco, interior an..  144 William Street..

Brokered by: Exp Realty Of Canada Inc.

144 William STREET
$875,000.00
144 William Street
London
MLS® ID 40436770

FULLY UPDATED LEGAL NON-CONFORMING USE TURNKEY FOURPLEX - IDEAL FOR LOW STRESS INCOME PROPERTY FOR INVESTORS This hidden gem nestled away on a quiet side street in the gentrified hub of SOHO (South of Hamilton Road) boasts solid income on all four rented units. This property has a 5.8%+ Cap Rate at the Asking Price. This property has very high quality tenants that have been an added blessing to this cash flowing asset. All of the units were renovated with new furnace, hot water heaters, roof, windows, flooring, kitchens, washroom upgrades, new trim and millwork, stucco, interior and exterior..  144 William Street..

Brokered by: Exp Realty Of Canada Inc.

69 Adelaide STREET
$374,950.00
69 Adelaide Street
London
MLS® ID 40473126

Welcome to 69 Adelaide, fully renovated 4 bedroom bungalow is professionally renovated from top to bottom; all brand new kitchen, new flooring and lighting fixtures, fresh paint, furnace 6 yeas old...  69 Adelaide Street..

Brokered by: Century 21 First Canadian Corp., Brokerage

Restaurant / Cafe
  • Korean Restaurant
    • 170 Adelaide St N
    London, ON N6B 3G8
    0.1 km
  • Western Meats & Deli
    • 241 Hamilton Rd
    London, ON N5Z 1R2
    0.2 km
  • Lucky Restaurant
    • 229 Hamilton Rd
    London, ON N5Z
    0.2 km
  • Tim Hortons
    • 271 Hamilton Rd
    London, ON N5Z 1R4
    0.2 km
  • Last Call Eurosport Cafe
    • 137 Hamilton Rd
    London, ON N6B 1N4
    0.3 km
  • Luigi`s Pizzeria & Restaurant
    • 41 Adelaide St N
    London, ON N6B 3P4
    0.4 km
  • Lisboa Real Restaurant
    • 41 Adelaide St N
    London, ON N6B 3P4
    0.4 km
  • Victoria Tavern
    • 466 South St
    London, ON N6B 1C3
    0.4 km
Shopping
  • Doan`s Computers
    • 135 Adelaide St N
    London, ON N6B 3G9
    0.0 km
  • Hippy
    • 155 Adelaide St N
    London, ON N6B 3G9
    0.1 km
  • Battery Supply and Service
    • 523 South St
    London, ON N6B 1C4
    0.3 km
  • Pro Wireless
    • 351 Hamilton Rd
    London, ON N5Z 1R6
    0.3 km
  • Allegra Marketing Print Mail
    • 41 Adelaide St N
    London, ON N6B 3P4
    0.4 km
  • Danny`s Wine & Beer Supplies
    • 127 Hamilton Rd
    London, ON N6B 1N2
    0.4 km
  • Doug`s Trains
    • 561 Horton St E
    London, ON N6B 1M8
    0.4 km
  • Global Pet Foods
    • 371 Hamilton Rd
    London, ON N5Z 1R7
    0.5 km
  • Hurok MFG
    • 750 Little Simcoe St
    London, ON N5Z 1P4
    0.5 km
  • Gardner Galleries
    • 407 Hamilton Rd
    London, ON N5Z 1R8
    0.6 km
  • Rob`s Satellite
    • 96 Rectory St
    London, ON N5Z 1Z9
    0.6 km
  • London Dance Shoppe
    • 245 Maitland St
    London, ON N6B 2Y2
    0.6 km
Parks / Recreation
  • Femme Force Fitness
    • 71 William St
    London, ON N6B 3B1
    0.3 km
  • Batl London
    • 38 Adelaide St N
    London, ON N6B 3N5
    0.3 km
  • Batl - the Backyard Axe Throwing League
    • 38 Adelaide St N
    London, ON N6B 3N5
    0.3 km
  • CTC Obstacles
    • 38 Adelaide St N
    London, ON N6B 3N5
    0.3 km
  • Boomerz X Warriors Boxing & Training Facility
    • 30 Adelaide St N
    London, ON N6B 3N5
    0.4 km
  • Meredith Park
    • Nelson St
    London, ON N6B
    0.5 km
  • Chelsea Green Park
    • Adelaide St S
    London, ON N5Z
    0.6 km
  • Pasch-Time Boxing Club
    • 790 Little Grey St
    London, ON N5Z 1P1
    0.6 km
  • Maitland Park
    • Maitland St
    London, ON N6B
    0.6 km
  • London`s Middlesex Table Tennis Club
    • William St
    London, ON N6B 3K6
    0.7 km
  • London`s Middlesex Table Tennis Club
    • 316 William St
    London, ON
    0.7 km
  • BMO Centre London
    • 295 Rectory St
    London, ON N5Z 0A3
    0.7 km