36 ADELAIDE Street, London South

Price: $414,900

5 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13415176

Attention investors and first time buyers. Prime Adelaide South location steps from schools, shopping, LHSC, downtown London, Cineplex, and White Oaks Mall, with a bus stop at your front door and easy access to parks and the Thames Valley walking path. Do not let the exterior fool you, this bungalow is much larger than it looks. Five bedrooms, unfinished attic space with loft potential, and a newer rear addition with separate entrance. Zoned R2-2 permitting multifamily use. Single attached garage with its own electrical panel ready for a workshop, a powered shed with lighting, and a concrete driveway that widens to double at the street accommodating up to six vehicles. The home has seen meaningful updates including a main furnace (2019), central air (2016), flat roof replacement, shed and garage roof, rear deck, new fence (2026), newer windows, updated kitchen with new backsplash and dishwasher (2026), both bathrooms updated including a new toilet (2026), fresh paint throughout (2026), and newer sewer and water line from the road. Fiber optic internet available. Four security cameras and system included. This is opportunity.

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New Listing
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$414,900 - 36 ADELAIDE Street, London South

Detached for Sale in London South

New — Listed 4 days ago
5Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13415176
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London South
Listing Brokerage
BLUE FOREST REALTY INC.
Description

Attention investors and first time buyers. Prime Adelaide South location steps from schools, shopping, LHSC, downtown London, Cineplex, and White Oaks Mall, with a bus stop at your front door and easy access to parks and the Thames Valley walking path. Do not let the exterior fool you, this bungalow is much larger than it looks. Five bedrooms, unfinished attic space with loft potential, and a newer rear addition with separate entrance. Zoned R2-2 permitting multifamily use. Single attached garage with its own electrical panel ready for a workshop, a powered shed with lighting, and a concrete driveway that widens to double at the street accommodating up to six vehicles. The home has seen meaningful updates including a main furnace (2019), central air (2016), flat roof replacement, shed and garage roof, rear deck, new fence (2026), newer windows, updated kitchen with new backsplash and dishwasher (2026), both bathrooms updated including a new toilet (2026), fresh paint throughout (2026), and newer sewer and water line from the road. Fiber optic internet available. Four security cameras and system included. This is opportunity.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,128.65/mo

Includes CMHC insurance ($11,576)

$
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5%10%50%

5-yr fixed avg.

Principal: $373,410Interest: $253,610
Mortgage Amount$384,986
Total Interest$253,610
Est. Property Tax$294/mo
Total Cost$638,596

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.

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Neighbourhood Guide: London South

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

36 ADELAIDE Street, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
9.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$294
Insurance (est.)-$86
Net Cash Flow+$3,220

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $277/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.

Just Listed - Act Strategically

This property hit the market within the last week. In London South's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London South.

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.

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    36 ADELAIDE Street, London South | $414,900 | Battaglia Team