552 Adelaide Street N, London East, ON N6B 3J5
East G, London East · Near Princess · View map
About this home
Great investment property close to downtown with short bus rides to both of Fanshawe College and Western University. Fully tenanted property with total rental income of $3600 per month (upper leased until Nov 2026 - $1450, and main is month to month - $2150) with tenants paying all utilities. Tenants are planning on staying. Fully funded this property has a capitalization rate about 5.5% meaning right from the start it is cash flow positive. Building was cleaned up and renovated in 2023 so very little can be expected in terms of maintenance fees for the next few years. Rents are slightly below market value meaning this building will perform more strongly and be an even better addition to your portfolio as time progresses. This yellow brick home sits on the edge of Woodfield and Old East Village. The main floor has 2 large bedrooms plus a basement with additional room. The upper has 1 bedroom plus den, both with in suite laundry. Property is being sold fully furnished excluding tenants belongings. Parking is at the rear of the building and access is off of Princess.
The home
- Type
- Duplex
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 9
- Basement
- Partially Finished
- Lot size
- 32 x 120 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Air conditioning
- Central Air, Window Unit(s)
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
Taxes & other
- Property taxes
- $2,849/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Princess
- Neighbourhood
- East G
More
- Price per sq ft
- ~$365 (at 1,750 sq ft)
- MLS® number
- X12890858
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The home and its surroundings
- Primary Bedroom - Main Floor
- Deck
- Patio
- 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.
552 Adelaide Street, London East, ON N6B 3J5
East G, London East · Near Princess
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Listing history for 552 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 552 Adelaide Street N
Answers come straight from this home’s MLS® listing.
How much is 552 Adelaide Street N listed for, and what would it cost each month?
552 Adelaide Street N is listed for $639,000. With 20% down ($127,800), the mortgage payment would be roughly $2,578 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,815 a month, all in. That figure is an illustration, not a quote.
Is 552 Adelaide Street N freehold or a condo, and is there a monthly fee?
552 Adelaide Street N is a duplex in East G, London East. 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 552 Adelaide Street N have?
552 Adelaide Street N has 4 bedrooms and 2 bathrooms. The listing gives the style as 2-storey.
Does 552 Adelaide Street N have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 552 Adelaide Street N have a finished basement?
The listing describes the basement as partially finished. Finished basement space is usually not counted in the square footage shown.
What style of home is 552 Adelaide Street N?
552 Adelaide Street N is a duplex. 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 552 Adelaide Street N, 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 32 x 120 ft.
How is 552 Adelaide Street N heated and cooled?
Heating is baseboard (electric). Cooling is central air, window unit(s).
What are the property taxes for 552 Adelaide Street N?
Property taxes are $2,849 a year (2025), or about $237 a month.
Where is 552 Adelaide Street N?
552 Adelaide Street N is in the East G community of London East. The nearest main intersection is Princess. The postal code is N6B 3J5.
Is 552 Adelaide Street N still for sale?
Yes. It is an active listing (MLS® X12890858). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 552 Adelaide Street N asking?
Similar properties for sale nearby right now include 626 Lorne Avenue at $484,999 (4 bed), 321 Salisbury Street at $535,000 (3+2 bed) and 18 McMahen Street at $499,900 (3+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 552 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 552 Adelaide Street N?
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 East G, picked by style, size and price.
Duplex$484,999626 Lorne Avenue, London East4 bed · 2 bath · East GCourtesy of: EASY LIST REALTY LTD.View home →
Duplex$535,000321 Salisbury Street, London East3+2 bed · 2 bath · East GCourtesy of: SHRINE REALTY BROKERAGE LTD.View home →
Duplex$499,90018 McMahen Street, London East3+2 bed · 2 bath · East GCourtesy of: THRIVE REALTY GROUP INC.View home →Courtesy of: SUTTON GROUP - SELECT 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.