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894 Adelaide Street N London East (East C), ON

$1,989,000
|
11 Beds
|
  6 Full
|

PROPERTY INFO

FULLY RENOVATED 6- UNIT APARTMENT BUILDING + APPROVED DEVELOPMENT SITE. An exceptional investment opportunity in OLD NORTH. This fully renovated six-unit apartment building offers immediate cash flow and future development potential. Existing building features 5 x 2 bedroom + 1 x 1 bedroom. Completley renovated to drywall and floor to ceiling. Luxury contemporary kitchens with quartz countertops, and 3 stainless steel appliances per suite. Luxury baths with full tubs and vanities with quartz countertops. High end light fixtures, tile and flooring throughout suites and common areas. Electric fireplaces in all units. Security controlled entry with video doorbells. New electrical, plumbing, and high eff. boiler system. New eff. windows throughout. Exterior: new sidewalks and asphalt parking lot and driveway. Annual income of approximately $126,000. Turnkey investment - strong rental performance with minimal maintenance. Location benefits- prime location on the edge of Old North. Close to shopping, transit, parks, and school. High demand rental area with long term growth potential. Contact your Agent today to schedule a viewing or request full development plans. This is a rare opportunity to secure a high performing asset with built in expansion potential. (id:4555)

PROPERTY SPECS

Listing ID X12501830
Address 894 ADELAIDE STREET N
City London East (East C), ON
Price $1,989,000
Bed / Bath 11 / 6 Full
Construction Brick, Concrete
Land Size 49.5 x 282.3 FT ; 98.14 X 282.32 X 49.99 X 49.53FT
Type Other
Status For sale

EXTENDED FEATURES

Appliances Dishwasher, Dryer, Refrigerator, Stove, WasherBasement FullBasement Development FinishedParking 8Amenities Nearby HospitalCooling NoneFoundation BlockHeating Baseboard heatersHeating Fuel Natural gasUtility Water Municipal water Date Listed 2025-11-03 17:01:45Days on Market 31Parking 8
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226.881.0754

REQUEST MORE INFORMATION

LISTING OFFICE:
Sutton Group Select Realty, Edward Milani
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