41 Adelaide Street
London South, N5Z 3K1·MLS® X13142322·
Listing courtesy of Nu-vista Pinnacle Realty Brokerage INC·Updated 4 days ago
Listing price
$415,000
Est. $1,977/mo
Days on market
Listed May 19, 2026
Description
Owners Relocating last of their Income Portfolio and wants this last one sold! Don't be shy to bring an offer. Perfect way to Start your Portfolio with this well located legal duplex .1-1 Bedroom Unit and 1-3 Bedroom Unit with Separate Hydro Meters and 2 Furnaces . Close to Parkwood Hospital , LHSC and Children's Hospital. Live in the upper unit and rent the lower unit or use as an Airbnb. Let the income pay your Mortgage. Put 5 % down and let this investment pay you !! Name your own Rent, will be totally vacant .
Property details
Garage
3 car None
Basement
Partial Basement
Parking
3 spaces
Type
Duplex — 2-Storey
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$4,775
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$589,000
165 King Edward Avenue, London South
Sold$588,000
58 Windsor Avenue, London South
See all 10 comparables
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Market conditions · South I
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$1,660
Rental yield
4.8%
Est. cash flow
-$1,102
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$103,580
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$415,000
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