196 ADELAIDE STREET
London and St. Thomas · N7G2V5
$549,900
About this residence
Located in a prime area with close proximity to schools, shopping, restaurants, and quick access to Highway 402, this raised ranch semi is a fantastic opportunity for investors or homeowners alike. Currently set up as a two-unit income property, the upper unit generates $1,950/month while the lower unit brings in $1,550/month, offering strong rental income potential. Both units are well-maintained, with all appliances included. The lower unit features a separate entrance and private patio, providing added convenience and privacy for tenants. Whether you're looking to expand your investment portfolio or live in one unit while offsetting your mortgage with rental income, this property offers flexibility and value in a highly desirable location. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 4 (3 above, 1 below)
- Bathrooms
- 2
- Storeys
- 1
- Living area
- 1,100–1,500 sq ft
- Lot size
- 33.2 x 126 FT
- Frontage
- 33.2 feet
- Parking
- 2 spaces
- Annual tax
- $2,882
- MLS®
- X13136492
- Board
- London and St. Thomas
- Status
- Active
- Listed
- May 15, 2026
- Updated
- Jul 15, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 1.82 × 1.21 m |
| Kitchen | Lower level | 3.04 × 4.47 m |
| Kitchen | Main level | 4.26 × 3.35 m |
| Laundry room | Lower level | 3.86 × 3.86 m |
| Dining room | Main level | 5.38 × 3.35 m |
| Living room | Main level | 5.76 × 5.23 m |
| Bedroom | Main level | 3.02 × 3.55 m |
| Bedroom | Main level | 3.04 × 4.47 m |
| Bedroom | Main level | 4.72 × 3.3 m |
| Family room | Lower level | 7.62 × 9.6 m |
| Bedroom | Lower level | 5.76 × 5.23 m |
| Other | Lower level | 3.35 × 1.52 m |
Features & finishes
Appliances
- Dryer
- Two Washers
- Two stoves
- Two Refrigerators
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Full
- Finished
- Walk out
- Separate entrance
- Walk-up
- Apartment in basement
Exterior
- Brick
- Vinyl siding
Foundation
- Poured Concrete
Parking
- No Garage
Lot
- Flat site
- Lane
- Conservation/green belt
Sewer & Utilities
- Sanitary sewer
- Cable
- Electricity
- Sewer
Community
- School Bus
Architecture
- Raised bungalow
Financing
Estimated monthly payment
$2,572/mo
Loan amount
$439,920
Down payment
$109,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
London and St. Thomas
Nearby
About the area
Census · N7G- 19,921
- Population
- 44
- Median age
- $85,000
- Median income
- $500,000
- Median home value
- 75%
- Home ownership
- 22 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 196 ADELAIDE STREET?
196 ADELAIDE STREET is listed for $549,900, in London and St. Thomas.
How many bedrooms and bathrooms does 196 ADELAIDE STREET have?
It offers 4 bedrooms and 2 bathrooms.
What type of home is 196 ADELAIDE STREET?
196 ADELAIDE STREET is a Single Family, House set over 1 storey.
How large is 196 ADELAIDE STREET?
The home offers approximately 1,100–1,500 sq ft of living space on a lot measuring 33.2 x 126 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,572. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $2,882 per year.
Is there parking?
Yes — 196 ADELAIDE STREET includes 2 parking spaces.
What is the London and St. Thomas area like?
London and St. Thomas has a population of about 19,921, a median age of 44, a 75% home-ownership rate, with an average commute of about 22 minutes.
What is the average home value in London and St. Thomas?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in London and St. Thomas?
The median household income in this area is approximately $85,000.
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