For Sale: 196 Adelaide Street, Strathroy, ON - REW
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$549,900
4 bd 2 ba 1100 - 1499 sf House

196 Adelaide StreetStrathroy, ON, N7G 2V5

  • 4 Bed
  • 2 Bath
  • 1100 - 1499 Sqft
  • House

About this home

Located in a prime area with close proximity to schools, shopping, restaurants, and quick access to Highway 402, this raised ranch semi is a fantastic opportunity for investors or homeowners alike. Currently set up as a two-unit income property, the upper unit generates $1,950/month while the lower unit brings in $1,550/month, offering strong rental income potential. Both units are well-maintained, with all appliances included. The lower unit features a separate entrance and private patio, providing added convenience and privacy for tenants. Whether you're looking to expand your investment portfolio or live in one unit while offsetting your mortgage with rental income, this property offers flexibility and value in a highly desirable location. (id:63626)
Listed by: RON TYLER, Sales Representative, CENTURY 21 FIRST CANADIAN CORP

Home facts and features

Price details
List Price
Gross Taxes for 2026
$2,882
Home facts
Bedrooms
4
Full Bathrooms
2
Parking Spaces
2
Parking Details
No Garage
Property Type
House
Depth
126 feet
Frontage
33.2 feet
Title
Freehold
Style
Raised bungalow
Exterior Finish
Brick, Vinyl siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Full, Apartment in basement, Separate entrance, Walk out, Walk-up, , , ,
Features
Conservation/green belt, Flat site, Lane, Smoke Detectors
Appliances
Dryer, Two Refrigerators, Two Washers, Two stoves
Agent details
Primary Agent
RON TYLER
Primary Broker
CENTURY 21 FIRST CANADIAN CORP
Listing details
Days on REW
20 Days
MLS® Number
X13136492
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

J. S. Buchanan French Immersion Public School
  • Public
  • K - 8
St Vincent de Paul School
  • Catholic
  • JK - 8
Mary Wright Public School
  • Public
  • JK - 8
Our Lady Immaculate School
  • Catholic
  • JK - 8
North Meadows Elementary School
  • Public
  • JK - 8
Holy Cross Catholic Secondary School
  • Catholic
  • 9 - 12
Strathroy District Collegiate Institute
  • Public
  • 9 - 12
Caradoc North School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-04.