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For sale
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$629,900

Estimated value $598K to $661K

Est. $2,951/mo mortgage

2bd·2ba·1,100-1,500sqft

1034 Adelaide Street · London, N5Y 2M9

MLS® X14129790

3 days on market3 days on market

Listed Oct 27, 2026

Listing courtesy of Revel Realty INC.·Listing last changed 20 hours ago

Key facts

Property type
Detached
Square footage
1,100-1,500 sqft
Lot size
40 × 135 ft
Age
51-99 years
Parking
4 spaces
Property tax
$4,346/yr (2026)

Description

The Unicorn - Rare Mixed-Use Opportunity on a High-Traffic Arterial Welcome to The Unicorn - a rare, versatile property that seamlessly blends professional presence with smart investment potential. Situated on a main arterial road directly beside a high-traffic plaza, this exceptional property enjoys outstanding visibility and accessibility. Zoning permits a wide range of uses including residential, office, retail, and medical, giving you the flexibility to shape the space around your vision. Step inside to discover refined, upscale office finishes throughout. The converted attic has been thoughtfully transformed into a dedicated boardroom, while a polished reception area sets a professional tone the moment clients arrive. With parking for four vehicles plus a detached garage, both convenience and functionality are fully covered. Downstairs, a separate basement living space creates an ideal opportunity for additional income or a live-in arrangement - allowing you to build equity while operating your professional business above. Whether you're expanding your practice, launching a new venture, or seeking a hybrid live-work investment, The Unicorn offers a truly uncommon combination of location, zoning flexibility, and turnkey professional finishes. Don't miss this rare opportunity. Contact us today for more details or to arrange a private viewing.

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Property details

Interior

Size
1,100-1,500 sqft
Rooms
5 rooms
Bathrooms
1 × 2-piece on Main, 1 × 3-piece on Lower
Basement
Apartment
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 1 1/2 Storey
Age
51-99 years
Lot size
40 × 135 ft
Exterior
Stucco (Plaster)
Foundation
Unknown
Roof
Shingles, Asphalt Shingle
Water & sewer
Sewer

Parking

Parking
4 spaces

Fees & taxes

Property tax
$4,346/yr (2026)

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

Directions

Carling Heights

London East, ON

Schools nearbyclosest is St Michael Separate School, 520 m

Elementary

  • St Michael Separate School

    520 m · Grades JK-8

    London District Catholic School Board

    5.7
  • Knollwood Park Public School

    880 m · Grades JK-8

    Thames Valley District School Board

    3.4
  • Northbrae Public School

    910 m · Grades JK-8

    Thames Valley District School Board

    6.7

Secondary

  • École secondaire catholique Monseigneur-Bruyère

    1.1 km · Grades 9-12

    Conseil scolaire de district des écolesCatholique

    6.3
  • London Central Secondary School

    2.1 km · Grades 9-12

    Thames Valley District School Board

    8.0
  • Catholic Central High School

    2.3 km · Grades 9-12

    London District Catholic School Board

    5.7

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. $3,694/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,951
Property tax$362
Insurance (est.)$131
Utilities (est.)$250
Total monthly$3,694
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

$629,900

Listed Oct 27, 2026

On the market
$629,900

Listed Oct 27, 2026

On the market

Sold comparables nearby

820 Maitland Street, London EastSold

820 Maitland Street, London East

2 bd·1 ba·1,100-1,500 sqft
945 Colborne Street, London EastSold

945 Colborne Street, London East

2 bd·1 ba·700-1,100 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.3 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 94.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$463,000

Sale-to-list ratio

94.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $152,000 household income

Minimum household income required

$152,000

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

Rental market$1,850/mo median for 2 bed nearby

$1,850/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 53 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.

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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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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

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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