22433 Adelaide Road, Mount Brydges


0 Beds
0 Baths
0 Sqft
.6 Acres
0 Garages

Incredible investment opportunity. 2 buildings plus a lot sold together. Fantastic cap rate. Check this out! Main building offers retail storefront. Currently lease as Antique Store ($750 inc.). 3 bedroom apartment on main level leased for $1,020 inc. Two 1 bedroom apartments on the second level leased at $625 and $650 each inc. Attached garage currently rented out for $50/month. Separate carriage house at the rear of the property has a 4-car garage rented for $200/month which can be converted into another unit in the future. Upstairs in the carriage house is another 2 bedroom apartment rented for $900 plus. Current income is $4,175 per month ($50,000 per year). New furnace and AC in main building in 2016. Sewer charges paid out. Owner would prefer to sell property with vacant adjacent lot (658 King St - listed separately for $99,900 MLS#242887).

Essential Information
MLS® #242884
TypeCommercial Sale
Sub-TypeBuilding and Land
Community Information
Address22433 Adelaide Road
AreaStrathroy Caradoc Twp
SubdivisionMount Brydges
CityMount Brydges
Postal CodeN0L 1W0
Parking Spaces1

Attached Garage, Gravel, Outside/Surface/Open, Right-of-Way, Boulevard, Mutual/Shared

HeatingGas, Gas Forced Air Open
CoolingCentral Air
Has BasementYes
# of Stories2
Interior Features

Ceiling Fans, Laundry Facilities, Storage, Storefront, Window Display, Workshop, Drapes/Blinds

Lot DescriptionIrregular
RoofAsphalt Shing
ConstructionAluminum Siding
FoundationWood Frame
Exterior Features

Storage Buildings, Workshop/Storage

Additional Information
Days on Market120
Listing Details
Property History
Status Changed from Active to Conditional
Status Changed from Conditional to Active

Get directions to this property:

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the London and St. Thomas Association of REALTORS®. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identity the quality of services provided by real estate professionals who are members of CREA. Used under license.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Sign up for email updates