$235,000 - 101 Adelaide Street, London South
Detached for Sale in London South
- MLS Number
- X13157242
- Property Type
- Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London South
- Listing Brokerage
- REAL BROKER ONTARIO LTD
Positioned along a prime transit corridor in South London, this 40' x 115' R3-1 zoned property offers future potential for investors, builders, and redevelopment-focused buyers. The property currently features a circa 1941 all-brick bungalow and is ideally located within walking distance to Victoria Hospital with direct transit access to downtown London, Fanshawe College, Western University, LHSC hospitals, shopping, and major employment hubs across the city. Surrounded by established neighbourhoods and ongoing intensification, this presents opportunity for future residential redevelopment, multi-unit conversion potential, or long-term investment value subject to municipal approvals and buyer due diligence. The property is being sold in as-is, where-is condition with no representations or warranties. Buyers are encouraged to complete their own inspections and due diligence regarding the property and future intended use. Rare opportunity to secure a centrally located infill lot along one of London's key transit routes with flexible zoning in a growing urban corridor. *Note: No interior viewings permitted. Viewings remain by appointment only.*
Estimate your monthly payments for this property
Estimated Payment
$1,205.67/mo
Includes CMHC insurance ($6,557)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover London South
London South is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London South
- •Convenient location in London South
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London South offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
101 Adelaide Street, London South
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $336/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in London South are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.