894 Adelaide St N

For Sale New 6 hours
$1,989,000
11 beds
6 baths

894 Adelaide St N

For Sale New 6 hours
$1,989,000
11 beds
6 baths

Highlights

Key insights

Description

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 $130,000. 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. (id:63267)

EDWARD MILANI of SUTTON GROUP - SELECT REALTY,
#X12501830
updated 10 hours ago.
Houseful checked MLS® for data 10 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat source
    Natural gas
  • Heat type
    Baseboard heaters
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    3
  • # parking spaces
    8
Interior
  • # full baths
    6
  • # total bathrooms
    6.0
  • # of above grade bedrooms
    11
Location
  • Subdivision
    East c
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12501830
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29059304/894-adelaide-street-n-london-east-east-c-east-c
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-5,304

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25 Years fixed, 20% down payment, % interest
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