Skip to content

41 Adelaide Street

London South, N5Z 3K1·MLS® X13142322·

Listing courtesy of Nu-vista Pinnacle Realty Brokerage INC·Updated 4 days ago

For sale
5Beds
2Baths
1,500-2,000Sqft
Year Built

Listing price

$415,000

Est. $1,977/mo

Days on market

26

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

$415,000At Market
$390,100$439,900

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Old East Village

London South, ON

Vibrant arts district with walkable streets and character homes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,977
Property tax$450
Insurance (est.)$86
Utilities (est.)$250
Total monthly$2,762

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

May 19, 2026Listed
$415,000

Sold comparables nearby

165 King Edward Avenue, London SouthSold

$589,000

165 King Edward Avenue, London South

6 bd·2 ba·2,000-2,500 sqft
58 Windsor Avenue, London SouthSold

$588,000

58 Windsor Avenue, London South

5 bd·3 ba·2,000-2,500 sqft

See all 10 comparables

Create a free account to unlock premium data.

Market conditions · South I

Buyer's marketBalancedSeller's market

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

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$103,580

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

Similar Listings

Own a home in South I?

Homes are selling in an average of 26 days.

Get your free valuation →

AI estimate

$415,000

At Market

Connect with an agent

By submitting, you agree to receive communications from London Home Search and its affiliated agents. You can unsubscribe at any time.

Get notified about similar homes

New duplex listings in South I.