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552 Adelaide Street N

East G London East N6B 3J5

$639,000

Residential Freehold beds: 4 baths: 2.0

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• Details
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Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

X12890858

Bedrooms:

4

Bathrooms:

2

• Photos (31)

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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.

General Info:

Under Contract:

Hot Water Heater

Property Type:

Residential Freehold

Property Sub Type:

Duplex

Home Style:

2-Storey

Total Approx Floor Area:

1500-2000

Lot Depth:

120'36.6 m

Lot Frontage:

32'9.75 m

Direction Faces:

East

Bedrooms:

4

Bathrooms:

2.0

Water supply:

Municipal

Kitchens:

2

Bedrooms Above Grade:

4

Kitchens Above Grade:

2

Rooms Above Grade:

9

Additional Info:

Heating type:

Baseboard

Heating Fuel:

Electric

Foundation:

Block

Roof:

Asphalt Shingle, Metal

Basement:

Partially Finished

Fireplace Features:

Fireplace Insert

Fireplace/Stove:

Yes

Garage:

None

Garage Spaces:

0.0

Parking Spaces:

4

Total Parking Spaces:

4.0

Family Room:

No

Pool:

None

Financial Info:

HST Applicable To Sale Price:

Included In

Taxes:

$2,849 / 2025

Assessment:

$- / -

County:

Middlesex

Listing Area:

London East

Listing Sub-Area:

East G

Interior Features:

Primary Bedroom - Main Floor

Exterior Features:

Deck, Patio

Exterior Finish:

Brick

Other Details:

Special Designation:

Unknown

Sewers:

Sewer

Air Conditioning:

Central Air, Window Unit(s)

Central Vacuum:

No

Seller Property Info Statement:

No

Listing Info:

Date Listed:

Mar 17, 2026

Original Price:

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Previous Price:

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Listed by SUTTON GROUP - SELECT REALTY

Data was last updated March 18, 2026 at 06:15 AM (UTC)

Area Statistics

Listings on market:

24

Avg list price:

$512,500

Min list price:

$199,000

Max list price:

$1,299,000

Avg days on market:

49

Min days on market:

1

Max days on market:

524

These statistics are generated based on the current listing's property type and located in London East. Average values are derived using median calculations. This data is not produced by the MLS® system.

Get market change alerts

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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