Middlesex, ON N5Y 2M5,894 ADELAIDE ST N
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Middlesex, ON N5Y 2M5,894 ADELAIDE ST N
Middlesex, ON N5Y 2M5,894 ADELAIDE ST N
Middlesex, ON N5Y 2M5,894 ADELAIDE ST N
Middlesex, ON N5Y 2M5,894 ADELAIDE ST N
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$ 1,989,000
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894 ADELAIDE ST N Middlesex, ON N5Y 2M5

11 Beds

6 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision East C

MLS Listing ID X12501830

Style 3-Storey

Bedrooms 11

Annual Tax Amount $10,544

Tax Year 2025

Property Sub-Type Multiplex

Lot Depth 282.32

Lot Front 49.53

Property Description

FULLY RENOVATED 6- UNIT APARTMENT BUILDING + APPROVED DEVELOPMENT SITE. An exceptional investment opportunity in OLD NORTH. This fully renovated six-unit apartment building offers immediate cash flow and future development potential. Existing building features 5 x 2 bedroom + 1 x 1 bedroom. Completley renovated to drywall and floor to ceiling. Luxury contemporary kitchens with quartz countertops, and 3 stainless steel appliances per suite. 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. Security controlled entry with video doorbells. New electrical, plumbing, and high eff. boiler system. New eff. windows throughout. Exterior: new sidewalks and asphalt parking lot and driveway. Annual income of approximately $130,000. Turnkey investment - strong rental performance with minimal maintenance. Location benefits- prime location on the edge of Old North. Close to shopping, transit, parks, and school. High demand rental area with long term growth potential. Contact your Agent today to schedule a viewing or request full development plans. This is a rare opportunity to secure a high performing asset with built in expansion potential.

Location

Province ON

County Middlesex

Community East C

Area Middlesex

Rooms

Family Room No

Basement Full, Finished

Kitchen 6

Separate Den/Office 3

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private, Other

Pool None

Roof Type Asphalt Shingle

Road Frontage Paved Road

Lot Frontage 49.53

Lot Depth 282.32

Total Parking Spaces 8

Building

Building Age 51-99

Lot Description Irregular Lot

Unit Features Hospital

Foundation Concrete Block

New Construction false

Others

Security Features Carbon Monoxide Detectors

ParcelsYN No


Listed by SUTTON GROUP - SELECT REALTY
The Nunno Group

The Nunno Group

Broker | License ID: 4555-00

+1(416) 690-2121

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894 ADELAIDE ST N