For Sale: 551 Adelaide Street N, London, ON - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$624,900
5 bd • 4 ba • 2000 - 2499 sf • Multifamily
551 Adelaide Street N
Street ViewDirections
$624,900
Get pre-approved

551 Adelaide Street NLondon, ON, N6B 3J6

Central London
  • 5 Bed
  • 4 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

551 Adelaide Street North presents a rare chance to own a well-maintained, solid brick fully tenanted triplex with versatile Arterial Commercial (AC2(4)) zoning in a prime, high-visibility location. This charming century property shows pride of ownership throughout, with major updates completed: shingles (2010), furnace (2016), windows (2007 and 2013), three electrical panels, and three owned hot water tanks.The building is fully rented to long-term, reliable tenants. Each unit includes its own washer and dryer, ensuring strong tenant satisfaction and consistent rental demand. The upper unit is a spacious 2-bedroom, 2 full-bathroom loft-style apartment with two private entrances, rented at $1,448.43/month inclusive. The main floor features a 1-bedroom plus den unit rented at $1,250/month inclusive, and the lower 1-bedroom unit is rented at $1,127.50/month inclusive.Situated on a deep 34x127 ft lot, the property offers flexibility for practical enhancements such as additional parking or storage solutions. Investors will appreciate the strong structure, stable income, and the potential to enhance returns through rent optimization, cosmetic updates, and operational efficiencies with utilities or insurance. Located on a major transit corridor and close to pharmacies, grocery stores, and the downtown core, this triplex is an excellent option for investors seeking reliable income in a desirable, commercially zoned location. A must-see for those looking to secure a versatile, income-producing asset. Full Financial Summary & Rent Roll Available. (id:63626)
Listed by: PAIGE MCCANN, CENTURY 21 FIRST CANADIAN CORP

Home facts and features

Price details
List Price
$624,900
Get Pre-Approved
Gross Taxes for 2026
$4,244
Home facts
Bedrooms
5
Full Bathrooms
4
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
123.5 feet
Frontage
34.0 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Basement Details
Apartment in basement, Walk-up, ,
Features
Dry, Flat site, Separate Electricity Meters, Separate Heating Controls
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Heater
Community
Agent details
Primary Agent
Primary Broker
CENTURY 21 FIRST CANADIAN CORP
Secondary Agent
SCOTT RALPH
Secondary Broker
CENTURY 21 FIRST CANADIAN CORP
Listing details
Days on REW
51 Days
Property Views
53
MLS® Number
X13029774
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
Is this your listing? Help it to stand out.

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

Connect with our mortgage partner

REW Money

REW Money

REW Money

Connect with a mortgage expert

Connect to a mortgage specialist

REW Money
REW Money

They will connect with you to understand where you are in your journey and how they can best guide you.

  • %
Name*
Email*
Phone*
Purchase City*
What best describes your current situation?
Loan Details
Amortization
Years
Mortgage Amount
Down Payment

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

H B Beal Secondary School
  • Public
  • 9 - 12
St Mary School
  • Catholic
  • 5 - 8
Catholic Central High School
  • Catholic
  • 9 - 12
London Central Secondary School
  • Public
  • 9 - 12
Aberdeen Public School
  • Public
  • JK - 8
St Georges Public School
  • Public
  • JK - 8
East Carling Public School
  • Public
  • JK - 8
St Michael School
  • Catholic
  • JK - 8
Knollwood Park Public School
  • Public
  • JK - 8
St. John French Immersion School
  • Catholic
  • 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
Report Incorrect Info
Full Name*
Email*
Select School
Reason

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.
Thank You!
We really appreciate your help improving our home search experience. Our team will look into this issue as soon as possible.
Close

Cities near Central London

Neighborhoods near Central London

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 2026-06-11.
Call Agent
PAIGE MCCANN
Phone:
(519) 673-3390
Cell:
519-860-4456
Office:
519-673-3390
Sales Representative
SCOTT RALPH
Phone:
(519) 871-8065
Office:
519-673-3390
Share this Property
Text Message
Share this Property
Recipient Email Address*
Your Name
Your Email Address*

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.