36 ADELAIDE Street
London South, N5Z 3K2·MLS® X13415176·
Listing courtesy of Blue Forest Realty INC.·Updated 7 hours ago
Listing price
$414,900
Est. $1,976/mo
Days on market
Listed Jun 8, 2026
Description
Attention investors and first time buyers. Prime Adelaide South location steps from schools, shopping, LHSC, downtown London, Cineplex, and White Oaks Mall, with a bus stop at your front door and easy access to parks and the Thames Valley walking path. Do not let the exterior fool you, this bungalow is much larger than it looks. Five bedrooms, unfinished attic space with loft potential, and a newer rear addition with separate entrance. Zoned R2-2 permitting multifamily use. Single attached garage with its own electrical panel ready for a workshop, a powered shed with lighting, and a concrete driveway that widens to double at the street accommodating up to six vehicles. The home has seen meaningful updates including a main furnace (2019), central air (2016), flat roof replacement, shed and garage roof, rear deck, new fence (2026), newer windows, updated kitchen with new backsplash and dishwasher (2026), both bathrooms updated including a new toilet (2026), fresh paint throughout (2026), and newer sewer and water line from the road. Fiber optic internet available. Four security cameras and system included. This is opportunity.
Property details
Garage
1 car Detached
Basement
Unfinished, Full
Parking
7 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$4,773
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$435,000
139 Mamelon Street, London East
Sold$375,000
24 Terrence Street, London East
See all 10 comparables
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Market conditions · South I
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$1,660
Rental yield
4.8%
Est. cash flow
-$1,102
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$103,558
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$407,017
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