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894 ADELAIDE St N, London MLS Number: X9041490
East C, London, Middlesex, ON, N5Y 2M5- Brochure
- Favourite
$2,475,000
Status: For Sale
- 8+3 Beds
- 6 Baths
- Property Type: Residential (Multiplex)
- Property Taxes : $6458.35 (Tax Year:2023)
- Listing Courtesy : Sutton Group - Select Realty
894 ADELAIDE St N Property Description
WITH $750,000 DOWN THE SELLER WILL HOLD A FIRST MORTGAGE FOR THE BALANCE OF THE PURCHASE PRICE AT 3.9% INTEREST ONLY. Excellent apartment building on the edge of old north. 6-unit building consisting of 5-2-bedroom apartments and a one bedroom. Completley renovated to drywall, floor, and ceiling. Luxury contemporary kitchens with quartz countertops, and 3 stainless steel appliances. 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. Controlled entry with video doorbells. New electrical, plumbing, and high efficiency boiler system. New high Efficiency windows throughout. New sidewalks and asphalt parking lot and driveway. Annual income of approx. $130,160. ATTENTION BUILDERS. site plan and building permit approved for a new adjacent apartment building that you can build consisting of 9 two-bedroom units with in suite laundry and Juliet balconies. The building will be 3 floors, with 3 units per floor, raised 2 storey building with total sq. Ft of approx. 6000. Build the building and have approx. $11,000 in income coming in each month while you build it. RENTS ARE ALL PLUS HYDRO ON EXISTING BUILDING. FINAL PROJECTED COMPLETION VALUE OF $5,502,560. Acquisition cost ($2,475,000). Plus, construction cost ($1,500,000) $3,975,000 NET PROFIT ($1,527,560.)
894 ADELAIDE St N Property Facts
| Property Type | :Residential |
| MLS Number | :X9041490 |
| Listing Type | :Sale |
| Property Age | :51-99 years |
| Possession Date | : |
| Last Updated | :16 Jul, 2024 (70 Days ago) |
| Source | :TRREB |
| Area | :Middlesex |
| Postal Code | : N5Y 2M5 |
894 ADELAIDE St N Property Price & Tax Insights
| Price | : $2,475,000 |
| Property Taxes | :$6458.35 |
| Tax Year | :2023 |
Property Details for 894 ADELAIDE St N, Middlesex, Ontario
| Bedrooms | :8 + 3 |
| No. of Rooms | :23 |
| Air Conditioning | :None |
| Heating | :Baseboard |
| Place of Worship | :No |
| Cross Street | :Between Grosvenor and Cheapside |
| Bathrooms | :6 |
| Fuel | :Gas |
| Elevator | :No |
| Fireplace/Stove | :No |
Exterior Information
| Exterior Finish | :Brick, Concrete |
| Parking Space | :8 |
| Basement | :Finished |
| Garage | :None |
| Laundry Level | :Lower |
894 ADELAIDE St N, Middlesex - Price History
16 Jul, 2024
TREB #X9041490
Listed
$2475000.0
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894 ADELAIDE St N - Location Map and Landmarks
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FAQs: 894 ADELAIDE St N, Middlesex
-
Q: Does this Project 894 ADELAIDE St N available for Sale ?
A: The project 894 ADELAIDE St N is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further. -
Q: How far is this property from my workplace?
A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property. -
Q:What are the Key Features 894 ADELAIDE St N is Offering?
A:Square Yards is giving a Cashback of $12,375 if you buy this property from us, however there are several key features offered by the 894 ADELAIDE St N. You get 8+3 Beds with 6 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony. -
Q:How many Parking Space available in this 894 ADELAIDE St N?
A: 894 ADELAIDE St N in Middlesex offers a total of 8 parking spaces for residents. -
Q:How many Beds & Baths available in 894 ADELAIDE St N, Middlesex?
A: 894 ADELAIDE St N, Middlesex comes with 8+3 Beds for maximum convenience and space. There are 6 baths available as well for when you have guests over or if you have a large family! -
Q:How many Apartments and Condos are available for Sale in Middlesex, On?
A:Middlesex, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
