496 Adelaide St N is an investment in London, listed for $555,000.
1The property boasts excellent exposure and includes two commercial units and two residential units ( 1 bedroom and 2 bedrooms), along with nine on-site parking spaces.
2One of the commercial units is currently owner-occupied, with a flexible arrangement allowing the current owner to either lease back the space or vacate.
3A significant advantage for an owner-occupier is the vacant two-bedroom apartment.
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Commercial Property in London
About 496 Adelaide Street North
This mixed-use commercial / residential building on Adelaide Street North offers an excellent opportunity for investors or owner-occupiers. The property boasts excellent exposure and includes two commercial units and two residential units ( 1 bedroom and 2 bedrooms), along with nine on-site parking spaces. One of the commercial units is currently owner-occupied, with a flexible arrangement allowing the current owner to either lease back the space or vacate. A significant advantage for an owner-occupier is the vacant two-bedroom apartment. This allows a new owner to live on-site and operate their business while generating income from the other two leased units. Detailed rent roll and operating expenses are available upon request.
London investment priced at $555,000 — book a tour to see if it fits your search.
Inside 496 Adelaide St N
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Investment
496 Adelaide St N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
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Homes for sale in London
Every active London MLS® listing, updated all day.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,492Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 1,748 sales from Jul 25 – Oct 23, 2026 (1,468 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 496 Adelaide St N
How much is 496 Adelaide St N listed for?
496 Adelaide St N is listed at $555,000 (MLS® X12576284). Summitly updates the price as soon as the MLS® record changes.
Has the price of 496 Adelaide St N changed?
Yes — it was first listed at $590,000 and is now $555,000, a drop of $35,000 (5.9%).
How many bedrooms and bathrooms does 496 Adelaide St N have?
The listing for 496 Adelaide St N doesn't publish its bedroom and bathroom count. It is a commercial property in London.
How does 496 Adelaide St N compare with other homes in London?
Its asking price of $555,000 is about the same as the median sold price in London over the last 90 days, $560,000, across 1,748 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 496 Adelaide St N been sold before?
Summitly has no earlier MLS® sale or lease of 496 Adelaide St N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 496 Adelaide St N?
496 Adelaide St N is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 496 Adelaide St N been on the market?
333 days — 496 Adelaide St N was listed on November 24, 2025.
What is the land transfer tax on 496 Adelaide St N?
About $7,575 in Ontario land transfer tax at the asking price of $555,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 496 Adelaide St N or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 496 Adelaide St N?
The listing for 496 Adelaide St N doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for London.
When was 496 Adelaide St N built?
The listing for 496 Adelaide St N doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.