CAONLondonCentral London551 Adelaide St N
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551 Adelaide St N, London, ON

House

For Sale

Listed price in listed location currency (CAD).
$624,900

544

MLS® X13029774

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential
Size -
Garage None
Taxes $4,244
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13029774

Property Address: 551 Adelaide St N, London, ON, N6B3J6

Average square foot calculated using Size range provided by listing agent.

Description

551 Adelaide Street North presents a rare chance to own a well-maintained, solid brick fully tenanted triplex with versatile Arterial Commercial (AC2(4)) zoning in a prime, high-visibility location. This charming century property shows pride of ownership throughout, with major updates completed: shingles (2010), furnace (2016), windows (2007 and 2013), three electrical panels, and three owned hot water tanks.The building is fully rented to long-term, reliable tenants. Each unit includes its own washer and dryer, ensuring strong tenant satisfaction and consistent rental demand. The upper unit is a spacious 2-bedroom, 2 full-bathroom loft-style apartment with two private entrances, rented at $1, 448.43/month inclusive. The main floor features a 1-bedroom plus den unit rented at $1, 250/month inclusive, and the lower 1-bedroom unit is rented at $1, 127.50/month inclusive.Situated on a deep 34x127 ft lot, the property offers flexibility for practical enhancements such as additional parking or storage solutions. Investors will appreciate the strong structure, stable income, and the potential to enhance returns through rent optimization, cosmetic updates, and operational efficiencies with utilities or insurance. Located on a major transit corridor and close to pharmacies, grocery stores, and the downtown core, this triplex is an excellent option for investors seeking reliable income in a desirable, commercially zoned location. A must-see for those looking to secure a versatile, income-producing asset. Full Financial Summary & Rent Roll Available.
MLS® NumberX13029774
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementApartment, Walk-Up
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 22, 2026List Date
$624,900List Price
Apr 27, 2026End Date
-Sold Price

Canceled

Nov 27, 2025List Date
$649,900List Price

Home Appraisal

This property is estimated to sell between: $624,000 and $841,000.
Similar properties in this area sold on average for: $768,333
Expected to sell in 40 days. Similar properties sold in 40 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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