$1,989,000
15.29 BTC
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Map
894 Adelaide Street, London
$1,989,000
PRICE
8 + 3
BEDROOMS
6
BATHROOMS
X12501830
MLSID

894 Adelaide Street, London

FULLY RENOVATED 6- UNIT APARTMENT BUILDING + APPROVED DEVELOPMENT SITE. An exceptional investment opportunity in OLD NORTH. This fully renovated six-unit apartment building offers immediate cash flow and future development potential. Existing building features 5 x 2 bedroom + 1 x 1 bedroom. Completley renovated to drywall and floor to ceiling. Luxury contemporary kitchens with quartz countertops, and 3 stainless steel appliances per suite. Luxury baths with full tubs and vanities with quartz countertops. High end light fixtures, tile and flooring throughout suites and common areas. Electric fireplaces in all units. Security controlled entry with video doorbells. New electrical, plumbing, and high eff. boiler system. New eff. windows throughout. Exterior: new sidewalks and asphalt parking lot and driveway. Annual income of approximately $126,000. Turnkey investment - strong rental performance with minimal maintenance. Location benefits- prime location on the edge of Old North. Close to shopping, transit, parks, and school. High demand rental area with long term growth potential. Contact your Agent today to schedule a viewing or request full development plans. This is a rare opportunity to secure a high performing asset with built in expansion potential.
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Summary

Address
894 Adelaide Street
City
Community
MLSID
X12501830
Property Type
Multiplex
Property Category
Bedrooms
8 + 3
Bathrooms
6
Kitchens
6
Zoning
R2-2
Taxes (Annual)
$10,544.52
Tax Year
2025
Published
November 3, 2025
Days on Market
15 Days
Possession Type
Flexible
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Inclusions

6 Stoves, 6 Fridges, 6 Dishwashers all stainless, Washer, Dryer coin operated

Exclusions

None

Details

Property Features
Hospital
Security Features
Carbon Monoxide Detectors
Bathroom 1
3-Piece Lower Level
Bathroom 2
3-Piece Second Level
Bathroom 3
3-Piece Third Level
Basement
Full, Finished
Interior Features
Other
Parking Spaces
8
Parking Total
8
Parking Features
Private, Other
Architectural Style
3-Storey
Roof
Asphalt Shingle
Construction Materials
Brick, Concrete
Lot Width
50 Feet
Lot Depth
282 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with SUTTON GROUP - SELECT REALTY
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