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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 97 days

    894 ADELAIDE Street N

    East C·London East, ON·N5Y 2M5·Near Grosvenor and Cheapside

    • 8 beds
    London East real estate›X12501830
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    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 $126,000. 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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Nov 3, 2025ListedCurrentFor sale$1,989,000 —X12501830This page
    Mar 13, 2025Previously listedExp$2,295,000 —X12017552View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Baseboard
      Air conditioning
      None
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 894 ADELAIDE Street N
    What's nearby

    Points of interest classified by the MLS® feed.

    • Hospital
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $9,771
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $879
    0.53% mill rate · ON
    The market

    How this home sits in the London East market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The London East market right now

    Average sold price, days on market, and closed-transaction count for London East — sourced from MLS®.

    • Avg sold price
      $464,012
      Last 30 days
    • Median sold price
      $460,000
      Middle of the market
    • Days on market
      32 d
      Avg from list to close
    • Closed last 30d
      386
      MLS® transactions
    Full London East market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 894 ADELAIDE Street N — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 894 ADELAIDE Street N and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 894 ADELAIDE Street N listed for?

      894 ADELAIDE Street N is listed at $1,989,000 on the MLS® (listing X12501830). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 894 ADELAIDE Street N have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 6 baths
  2. 3000-3500 sqft
  3. Multiplex
  4. Built 51-99
  5. .50-1.99 ac lot
  6. Asking
    $1,989,000
    $0 / sqft · MLS® X12501830
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $881,623
    $811,093Confidence range$952,153
    Asking vs estimate
    ↑↑well-above
    +$1,107,377
    (+125.6%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 8 bedrooms (no sqft on file).

    Market analytics

    Homes like this in London East sell in about 32 days — this one has been listed 97 days.

    Avg sold price
    $464,012
    Median sold
    $460,000
    Avg days on market
    32
    Recently sold
    386
    See comparable sales
  8. Fully renovated 6- unit apartment building + approved development site.
  9. Luxury contemporary kitchens with quartz countertops, and 3 stainless steel appliances per suite.
  10. Exterior: new sidewalks and asphalt parking lot and driveway.
  11. Close to shopping, transit, parks, and school.
  12. Ask Zara a follow-up
    Sewer
  13. Parking & garage

    3
    Garage
    None
    Parking spaces
    8
    Driveway
    Private, Other
  14. Interior

    6
    Basement
    Full, Finished
    Family room
    N
    Kitchens
    6
    Total rooms
    23
    Laundry level
    Lower Level
    Elevator
    N
  15. Exterior & construction

    4
    Exterior
    Brick, Concrete
    Roof
    Asphalt Shingle
    Foundation
    Concrete Block
    Pool
    None
  16. Lot & land

    4
    Year built
    51-99
    Lot dimensions
    x 49.53
    Lot features
    Irregular Lot
    Zoning
    R2-2
  17. Listing & possession

    3
    Possession
    2025-11-28T00:00:00.000-00:00
    Property style
    3-Storey
    Property class
    Multiplex
  18. Combined estimate
    $10,650
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $9,771
    /mo
    based on the purchase price of $1,989,000
    $397,800 cash
    $1,591,200 financed
    $1,340,208 total interest
    Monthly payment$9,771/ month
    Principal54%$1,591,200
    Interest46%$1,340,208

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable multiplexs that just sold in London East

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 720 Dundas Street
      Sold
      Sign in for price
      720 Dundas Street
      Multiplex
    • 1061 Richmond Street
      Sold
      Sign in for price
      1061 Richmond Street
      Multiplex
    • 1267 Dundas Street
      Sold
      Sign in for price
      1267 Dundas Street
      Multiplex
    • 275 William Street
      Sold
      Sign in for price
      275 William Street
      Multiplex
    • 368 Calgary Street
      Sold
      Sign in for price
      368 Calgary Street
      Multiplex
    AddressBd / BaSqftSold$/sqft% of askSold
    894 ADELAIDE Street NThis home8 / 630,003,500$1,989,000ask———
    720 Dundas Street10 / 83,500—
    1061 Richmond Street27 / 275,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More multiplexs in London East

    Active listings within ±20% of this asking price.

    • 307 Central Avenue
      $1,699,999
      307 Central Avenue
      Multiplex 8 6
    • 1576 Caledonia Street
      $1,750,000
      1576 Caledonia Street
      Multiplex 18 12
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  19. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  20. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  21. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  22. Public listing courtesy of SUTTON GROUP - SELECT REALTY · displayed on Summitly per MLS® data-share rules

    894 ADELAIDE Street N is a 8-bedroom, 6-bath, 3000-3500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  23. When was 894 ADELAIDE Street N built?

    894 ADELAIDE Street N was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  24. What is the property tax for 894 ADELAIDE Street N?

    The 'Property tax' tab in the History section shows the most recent annual tax for 894 ADELAIDE Street N plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  25. How much would the monthly mortgage be on 894 ADELAIDE Street N?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,989,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  26. Has 894 ADELAIDE Street N been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 894 ADELAIDE Street N with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  27. What neighbourhood is 894 ADELAIDE Street N in?

    894 ADELAIDE Street N is in East C, London East. The 'Neighbourhood' section below links to the live London East real estate hub with average sold price, days on market, and current inventory.

  28. Is London East a good place to live?

    London East is one of ON's actively-tracked Summitly markets. The full London East real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  29. 1267 Dundas Street
    9 / 9
    3,500
    —
    275 William Street8 / 22,000—
    368 Calgary Street14 / 82,500—