Great investment property close to downtown with short bus rides to both of Fanshawe College and Western University. Fully tenanted property with total rental income of $3600 per month (upper leased until Nov 2026 - $1450, and main is month to month - $2150) with tenants paying all utilities. Tenants are planning on staying. Fully funded this property has a capitalization rate about 5.5% meaning right from the start it is cash flow positive. Building was cleaned up and renovated in 2023 so very little can be expected in terms of maintenance fees for the next few years. Rents are slightly below market value meaning this building will perform more strongly and be an even better addition to your portfolio as time progresses. This yellow brick home sits on the edge of Woodfield and Old East Village. The main floor has 2 large bedrooms plus a basement with additional room. The upper has 1 bedroom plus den, both with in suite laundry. Property is being sold fully furnished excluding tenants belongings. Parking is at the rear of the building and access is off of Princess.
4 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $426 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 552 Adelaide St N
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
4 spaces
Basement
Partially Finished
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Partially Finished
Lot & land
Lot size (sqft)
0.09
Listing & possession
Property style
2-Storey
Property class
Duplex
552 Adelaide St N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X12890858$639,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 552 Adelaide St N Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,139
/mo
based on the purchase price of $639,000
$127,800 cash
$511,200 financed
$430,565 total interest
Principal54%$511,200
Interest46%$430,565
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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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.
Similar homes for sale nearby in London
Other 3–4 bed homes for sale in London around $639K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,303Homes for sale here right now.
Median vs prior 90 days−0.8%Compared with May 8 – Aug 6, 2026: prices down.
Based on 1,702 sales from Aug 6 – Nov 4, 2026 (1,523 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 552 Adelaide St N
How much is 552 Adelaide St N listed for?
552 Adelaide St N is listed at $639,000 (MLS® X12890858). Summitly updates the price as soon as the MLS® record changes.
Is $639,000 a good price for 552 Adelaide St N?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 552 Adelaide St N changed?
No — 552 Adelaide St N is still listed at its original asking price of $639,000.
How many bedrooms and bathrooms does 552 Adelaide St N have?
552 Adelaide St N has 4 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a duplex in London.
How much would the monthly mortgage be on 552 Adelaide St N?
About $3,139 a month — principal and interest on $639,000 with 20% down ($127,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 552 Adelaide St N compare with other homes in London?
Its asking price of $639,000 is about 14% above the median sold price in London over the last 90 days, $560,750, across 1,702 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 552 Adelaide St N been sold before?
Summitly has no earlier MLS® sale or lease of 552 Adelaide St N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 552 Adelaide St N?
552 Adelaide St N is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 552 Adelaide St N been on the market?
237 days — 552 Adelaide St N was listed on March 12, 2026.
What is the price per square foot of 552 Adelaide St N?
About $320 to $426 per square foot: the asking price of $639,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 552 Adelaide St N have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 552 Adelaide St N have a basement, and is it finished?
The listing describes the basement as: Partially Finished.
