$629,900
Est. $2,951/mo mortgage
18.5 Adelaide Street · London South, N5Z 3J8
MLS® X13816604
Listed Sep 22, 2026
Listing courtesy of Royal Lepage Triland Realty·Updated 2 hours ago
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.
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Property details
Interior
- Interior
- 1500-2000 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)
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
65% confidence · 14 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon South, ON
South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.
Monthly paymentest. $3,711/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 2 times
Listed Sep 22, 2026
Listed Mar 19, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Affordabilityneeds $154,000 household income
Minimum household income required
$154,000
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.
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Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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