20 Adelaide Street S, London South, ON N5Z 3J8
South I, London South · Near Hamilton St and Adelaide St N · View map
About this home
Exceptional 5-Unit Investment Opportunity! Discover the potential of this income-producing property, ideal for investors seeking reliable rental income with room to maximize returns. Featuring five separate hydro meters and ample on-site parking through back road access. Property offers practical amenities for tenants and convenient management for owners. Its desirable location near Victoria Hospital, schools, shopping, public transit, and major roadways makes it an attractive option for a wide range of renters. Whether you're expanding your investment portfolio or looking for a value-add opportunity, this multi-unit property offers an appealing combination of existing income, rental potential, and long-term appreciation prospects. Take advantage of this opportunity to invest in London's rental market!
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 2
- Bathrooms
- 5
- Kitchens
- 5
- Rooms
- 8
- Basement
- Apartment, Walk-Up
- Lot size
- 30 x 125 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
Taxes & other
- Property taxes
- $3,923/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Hamilton St and Adelaide St N
- Neighbourhood
- South I
More
- Price per sq ft
- ~$371 (at 1,750 sq ft)
- MLS® number
- X14090326
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
20 Adelaide Street, London South, ON N5Z 3J8
South I, London South · Near Hamilton St and Adelaide St N
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Listing history for 20 Adelaide Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 20 Adelaide Street S
Answers come straight from this home’s MLS® listing.
How much is 20 Adelaide Street S listed for, and what would it cost each month?
20 Adelaide Street S is listed for $649,000. With 20% down ($129,800), the mortgage payment would be roughly $2,618 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,945 a month, all in. That figure is an illustration, not a quote.
Is 20 Adelaide Street S freehold or a condo, and is there a monthly fee?
20 Adelaide Street S is a multiplex in South I, London South. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 20 Adelaide Street S have?
20 Adelaide Street S has 4 bedrooms, plus 2 more bedrooms in the basement, and 5 bathrooms. The listing gives the style as 2-storey.
Does 20 Adelaide Street S have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
Does 20 Adelaide Street S have a finished basement?
The listing describes the basement as apartment, walk-up. It counts 2 bedrooms on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 20 Adelaide Street S?
20 Adelaide Street S is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 20 Adelaide Street S, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 30 x 125 ft.
How is 20 Adelaide Street S heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 20 Adelaide Street S?
Property taxes are $3,923 a year (2025), or about $327 a month.
Where is 20 Adelaide Street S?
20 Adelaide Street S is in the South I community of London South. The nearest main intersection is Hamilton St and Adelaide St N. The postal code is N5Z 3J8.
Is 20 Adelaide Street S still for sale?
Yes. It is an active listing (MLS® X14090326). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 20 Adelaide Street S asking?
Similar properties for sale nearby right now include 18.5 Adelaide Street S at $629,900 (7 bed), 221 Emerson Avenue S at $739,900 (5 bed) and 492 EMERY Street E at $569,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 20 Adelaide Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 20 Adelaide Street S?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near South I, picked by style, size and price.
Triplex$629,90018.5 Adelaide Street S, London South7 bed · 5 bath · South ICourtesy of: ROYAL LEPAGE TRILAND REALTYView home →
Duplex$739,900221 Emerson Avenue S, London South5 bed · 3 bath · South ICourtesy of: HOMELIFE SILVERCITY REALTY INC.View home →
Duplex$569,000492 EMERY Street E, London South4 bed · 2 bath · South FCourtesy of: KELLER WILLIAMS LIFESTYLESView home →Courtesy of: EXP REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.