Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X12576284

496 Adelaide Street N, London East, ON N6B 3J2

London East, ON N6B 3J2

$555,000 Est. $2,357/mo · 20% down, 25-yr, 4.09% ↓ $35,000 (-5.9%)
50 × 150 ftLot
InvestmentType

About this property

This mixed-use commercial / residential building on Adelaide Street North offers an excellent opportunity for investors or owner-occupiers. The property boasts excellent exposure and includes two commercial units and two residential units ( 1 bedroom and 2 bedrooms), along with nine on-site parking spaces. One of the commercial units is currently owner-occupied, with a flexible arrangement allowing the current owner to either lease back the space or vacate. A significant advantage for an owner-occupier is the vacant two-bedroom apartment. This allows a new owner to live on-site and operate their business while generating income from the other two leased units. Detailed rent roll and operating expenses are available upon request.

Property Summary

Property TypeInvestment
Community NameEast G
Land Size50 x 150 ft
Annual Property Taxes$9,704.00
Tax Year2025
Parking TypeNone Garage

Building details

Bathrooms / washrooms0
Property typeInvestment

Lot & land

Lot dimensions50 × 150 ft
Lot frontage50 ft
Lot depth150 ft

Building Features

StyleInvestment
Fire ProtectionNo

Heating & Cooling

CoolingYes
Heating TypeGas Forced Air Open

Utilities

Utility SewerSanitary+Storm

Parking

Parking TypeNone Garage

Taxes & fees

Annual taxes$9,704 (2025)

Listing history

On market sinceNov 24, 2025
Original list price$590,000

Location

London East, ON N6B 3J2
Listed by CBRE LIMITED, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
496 Adelaide Street N, London East, ON N6B 3J2