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36 ADELAIDE Street

London South, N5Z 3K2·MLS® X13415176·

Listing courtesy of Blue Forest Realty INC.·Updated 7 hours ago

5Beds
2Baths
1,500-2,000Sqft
Year Built

Listing price

$414,900

Est. $1,976/mo

Days on market

1

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

$407,017At Market
$382,123$431,911

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Old East Village

London South, ON

Vibrant arts district with walkable streets and character homes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,976
Property tax$449
Insurance (est.)$86
Utilities (est.)$250
Total monthly$2,762

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

Jun 8, 2026Listed
$414,900

Sold comparables nearby

139 Mamelon Street, London EastSold

$435,000

139 Mamelon Street, London East

5 bd·3 ba·1,500-2,000 sqft
24 Terrence Street, London EastSold

$375,000

24 Terrence Street, London East

4 bd·1 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South I

Buyer's marketBalancedSeller's market

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

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$103,558

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$407,017

At Market

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