20 ADELAIDE STREET S, London South (South I)
$649,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 6 bedrooms, 5 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® X14090326
- Neighbourhood
- South I
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!
Sold data
Multiplex homes in London South (South I) — recent sold market
Multiplex homes in London South (South I) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 76, across 115 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 113 days.
The median sale price was $599,900.
Homes sold for about 3.9% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
- Median days to sell
- 40
- Median sale price
- $599,900
- Sale-to-list ratio
- 96.1%
- Sold above asking
- 14%
Based on 115 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London South (South I)
London South (South I) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
- Rated schools
- 116
- Elementary
- 97
- Secondary
- 19
- Average rating
- 5.5 / 10
Top-rated schools in London South (South I)
- John Dearness — elementary, LondonFraser rating 9.8/10
- St George — elementary, LondonFraser rating 9.1/10
- Jack Chambers — elementary, LondonFraser rating 8.8/10
- Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
- London Central — secondary, LondonFraser rating 8.7/10
- Ryerson — elementary, LondonFraser rating 8.7/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 20 ADELAIDE STREET S
$630,000
Multiplex6+132,000–2,500 sqft49 PADDINGTON AVENUE, South E, London South
$829,500
Multiplex643,500–5,000 sqft156-158 CHARLES STREET W, Ingersoll - South, Ingersoll
$689,000
Multiplex6434 YOUNG Street, Woodstock - South, Woodstock
$469,900
Multiplex421,500–2,000 sqft69 KAINS STREET, St. Thomas, St. Thomas
$699,900
Multiplex741,500–2,000 sqft183-185 VANCOUVER STREET, East H, London East
$669,000
Multiplex8+441,500–2,000 sqft434 SECOND STREET, East H, London East
$699,777
Detached6+242,000–2,500 sqft1435 MICKLEBOROUGH DRIVE, North I, London North
$484,900
Semi-Detached/Link4+12700–1,100 sqftB - 43 FRONTENAC ROAD, South T, London South