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$399,000
London East
173 Adelaide Street North, London East (East K), Ontario, N6B3H1
This multi-family property in London East is for sale offering roughly 1,750 sq ft of space. It has been on the market 65 days, fresher than the London East average of 87 days.
*** Additional Listing Details - Click Brochure Link *** Experience the perfect combination of space, versatility, and income potential in this 6-bedroom, 2-bathroom home, currently arranged as 2 separate units. Whether you are an investor or an extended family, this home offers exceptional flexibility. The main floor unit features 4 spacious bedrooms, including a huge primary bedroom. A refreshed kitchen and bathroom, along with newer flooring and fresh paint throughout, make the main level both stylish and move-in ready. Upstairs, the second-floor unit includes 2 additional bedrooms, a den, second kitchen, and a full bathroom. The current arrangement provides excellent income from dependable roommates ( all on month-to-month roommate agreements) while the owner enjoys comfortable living on the main floor. New fully fenced backyard, offering privacy. Additional features include a new Lennox furnace and central air system (2022), 2 separate hydro and water meters, and multiple entrances. Commercial/residential zoning R8-4, AC4, AC5 (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 65 days on market, against an average age of 87 days across the listings currently for sale in this city
This 6-bed multi-family in London East (East K) has been listed for 65 days, which is 22 days fresher than the city average of 87. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,000, about 8.1× the local median household income of $49,200.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 58% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6B)
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Loading rates, 30-yr amortization
Cash Needed to Close
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