552 Adelaide St
East G, London East, Ontario N6B 3J5
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 1,500–2,000sq ft
- Per sq ft
- $365at the range’s middle
- Lot
- 32 x 120 ft
- Tax a year
- $2,8492025 tax year
- Parking
- 4none
- Days on market
- Members
The brief
About 552 Adelaide St
552 Adelaide St is a 4-bedroom, 2-bathroom duplex in East G, London East, listed for sale at an asking price of $639,000 (MLS® X12890858).
Great investment property close to downtown with short bus rides to both of Fanshawe College and Western University. Fully tenanted property with total rental income of $3600 per month (upper leased until Nov 2026 - $1450, and main is month to month - $2150) with tenants paying all utilities. Tenants are planning on staying. Fully funded this property has a capitalization rate about 5.5% meaning right from the start it is cash flow positive. Building was cleaned up and renovated in 2023 so very little can be expected in terms of maintenance fees for the next few years. Rents are slightly below market value meaning this building will perform more strongly and be an even better addition to your portfolio as time progresses. This yellow brick home sits on the edge of Woodfield and Old East Village. The main floor has 2 large bedrooms plus a basement with additional room. The upper has 1 bedroom plus den, both with in suite laundry. Property is being sold fully furnished excluding tenants belongings. Parking is at the rear of the building and access is off of Princess.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall39/100−$653/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 17 homes with 4 bedrooms for lease in London East right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,849 / 2025
- MLS® number
- X12890858
- Board
- TRREB MLS®
- Property Type
- Duplex
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 32 x 120 ft
- Listed on
- Parking
- None, 4 Parking
Property details
Property
- Property Type
- Duplex
- Style
- 2-Storey
- Community
- East G
- Municipality
- London East
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 4pc 2nd
- Basement Type
- Partly Finished
- Kitchens
- 2
Parking
- Garage Type
- None
- Additional Parking
- 4
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air, Window Unit
- Heating Type
- Baseboard
Land
- Sewer
- Sewers
- Frontage
- 32 ft
- Depth
- 120 ft
- Lot Size
- 32 x 120 ft
Additional
- Foundation
- Block
- Roof
- Asphalt Shingle, Metal
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 552 Adelaide St, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $639,000 | N/A | For Sale | X12890858 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $127,800
- Total mortgage amount
- $511,200
- Total interest payment
- $363,600
- Total purchase cost
- $1,002,600
- Mortgage payment
- $2,916/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
38%Monthly carrying cost
$3,153- Rent $2,500
- Shortfall $653
Rental income opens at $2,500, the median asking rent of 17 comparable homes for lease in London East. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $9,255
- Total land transfer tax
- $9,255
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $5,255
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $639,000
- $4,780
- Ontario total
- $9,255
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 3,840 sq ft357 m²
- Street frontage
- 32 ft9.8 m
- Depth
- 120 ft36.6 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m14 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (77 records). It changes with the season and from spot to spot.500 m
- Bedrock about 37.2 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 6.9 km6.9 km
Province of Ontario open data
Around the home1
- Nearest rail line: 300 m300 m
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is London District Energy, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Multiplexes for sale in East G right now
- For sale now
- 10
- Median asking price
- $474K
- New in 7 days
- 0
- Price cuts
- 30%
Middle half: $421K to $565K
1 in 28 days
3 listings
This home is asking 35% above the median, higher than three quarters of them.
See all homes in East GAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Woodfield French Immersion Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 550 m | 77%Grade 6 average |
| St Georges Public SchoolThames Valley DSB | Public · grades JK–8 | 1.3 km | 86%Grade 6 average |
| St Michael Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.5 km | 82%Grade 6 average |
| Académie de la TamiseConseil scolaire Viamonde | French-language public · grades JK–6 | 2.5 km | 92%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| H B Beal Secondary SchoolThames Valley DSB | Public · grades 9–12 | 700 m | 56%Grade 9 math |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 850 m | 57%Grade 9 math |
| London Central Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1.1 km | 81%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 2.5 km | 57%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in East G are shown to signed-in members.