$419,900
Est. $1,967/mo mortgage
144 Adelaide Street · London East, N6B 3G8
MLS® X13069322
Listed May 1, 2026
Listing courtesy of Bridge Realty·Updated May 1
Description
Welcome to 144 Adelaide St, London, a versatile duplex offering strong investment potential with both residential and possible business use. Registered with the city as a duplex, this property is ideally located close to downtown, major amenities, transit, and key attractions, making it attractive for tenants and long term growth. The home features two self contained units, both currently rented, generating a combined monthly income of $2,600 and providing immediate cash flow, with the property offering positive cash flow after expenses. The property has seen numerous updates over recent years as per previous ownership, including improvements to major systems, exterior finishes, and interior spaces, contributing to its overall functionality and appeal. Whether you are looking to expand your investment portfolio, secure a property that carries itself, or explore a mixed use opportunity, 144 Adelaide St presents excellent value in a high demand location.
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Property details
Interior
- Interior
- 700-1100 sqft
- Rooms
- 9 rooms · 2 kitchens
- Bathrooms
- 2 × 3-piece on Main
- Basement
- Unfinished, Partial Basement
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Duplex, Bungalow
- Lot size
- 33.02 × 152.67 ft
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- Private (4 spaces)
- Parking
- 4 spaces
Fees & taxes
- Property tax
- $3,437/yr (2025)
Rooms
Main
- Bathroom, 3 Pc Bath
- n/a
- Bedroom
- 2.01 × 3.6 m
- Living Room
- 3.47 × 2.94 m
- Kitchen
- 4.16 × 2.15 m
- Bathroom, 3 Pc Bath
- n/a
- Bedroom
- 2.56 × 3.6 m
- Living Room
- 2.15 × 3.6 m
- Bedroom
- 3.7 × 3.17 m
- Kitchen
- 5.86 × 2.92 m
Monthly paymentest. $2,557/mo all in
Monthly payment estimate
Land transfer tax$4,873 on closing
Ontario LTT
$4,873
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 2 times over 2 months · asking price up 5% from the first ask · sold 6% below the final ask
Listed May 1, 2026
Listed Apr 30, 2025 · 49 days on market
Jun 18, 2025
49 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold$442,000
98 Cartwright Street, London East
Sold$500,000
193 Clarence Street, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in London East
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 93.8% of asking.
Avg. sold price
$451,583
Sale-to-list ratio
93.8%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $105,000 household income
Minimum household income required
$105,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Rental market$2,198/mo median for 3 bed nearby
$2,198/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 60 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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