18.5 Adelaide Street · London, N5Z 3J8
MLS® X13816604
Listed Sep 22, 2026
Listing courtesy of Royal Lepage Triland Realty·Listing last changed Sep 29
Key facts
- Property type
- Triplex
- Square footage
- 1,500-2,000 sqft
- Lot size
- 30 × 125 ft
- Parking
- 4 spaces
- Property tax
- $3,256/yr (2025)
Description
Triplex with ONE VACANT RENOVATED UNIT! 18.5 Adelaide Street South presents an exceptional opportunity for first time investors, house hackers, or those looking to expand their real estate portfolio. Ideally located just minutes from Victoria Hospital, Downtown London, and Highway 401, and close to 100 Kellogg Lane, the Western Fair District, as well as a wide variety of restaurants, shopping, and everyday amenities, this property offers both convenience and strong rental appeal. Unit 1 is a spacious three bedroom, one and a half bathroom unit currently rented at $2100.00 plus electricity. Unit 2 is a one bedroom, one bathroom, all inclusive unit and currently vacant. Unit 3 is is a spacious, two storey, three bedroom, one and a half bathroom unit currently rented at $1950.00 plus electricity. All units include in-suite laundry and parking. Whether you choose to live in one unit and rent out the other two, or lease all three units for steady rental income, this triplex offers versatility, reliability, and lasting value for any investor. Some photos are virtually staged.
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Property details
Interior
- Size
- 1,500-2,000 sqft
- Rooms
- 16 rooms · 3 kitchens
- Bathrooms
- 2 × 2-piece on Main, 2 × 4-piece on Second, 1 × 4-piece on Main
- Basement
- Full
- Heating
- Baseboard
- Cooling
- None
Building & lot
- Type
- Triplex, 2-Storey
- Lot size
- 30 × 125 ft
- Exterior
- Brick Front
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Parking
- 4 spaces
Fees & taxes
- Property tax
- $3,256/yr (2025)
Estimated value range
$598K to $661K
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Location & neighbourhood
DirectionsLondon South, ON
Established south-end neighbourhood with mature trees and a community-park-centred layout.
Schools nearbyclosest is C C Carrothers Public School, 650 m
Elementary
- 2.9
C C Carrothers Public School
650 m · Grades JK-8
Thames Valley District School Board
- 3.2
Glen Cairn Public School
940 m · Grades JK-8
Thames Valley District School Board
- 6.2
St Sebastian Separate School
1.1 km · Grades JK-8
London District Catholic School Board
Secondary
G A Wheable Secondary School
1.5 km · Grades 9-12
- 3.9
Sir Wilfrid Laurier Secondary School
1.6 km · Grades 9-12
Thames Valley District School Board
B Davison Secondary School
2.1 km · Grades 9-12
Thames Valley District School Board
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $3,603/mo all in
Monthly payment estimate
Land transfer tax$9,073 on closing
Ontario LTT
$9,073
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 Sep 22, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Affordabilityneeds $149,000 household income
Minimum household income required
$149,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Call Colin at (226) 212-5099 or text
Get notified about similar homes
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Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
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