ERICJIA.CA
For Sale

196 Adelaide Street

$549,900
Strathroy-Caradoc, Ontario N7G 2V5 · MLS® X13136492 · Updated 1d ago
196 Adelaide Street, Strathroy-Caradoc, ON N7G 2V5
1 / 10 photos
4
Bedrooms
2
Bathrooms
—
Sq Ft
2
Parking

About This Home

Located in a prime area with close proximity to schools, shopping, restaurants, and quick access to Highway 402, this raised ranch semi is a fantastic opportunity for investors or homeowners alike. Currently set up as a two-unit income property, the upper unit generates $1,950/month while the lower unit brings in $1,550/month, offering strong rental income potential. Both units are well-maintained, with all appliances included. The lower unit features a separate entrance and private patio, providing added convenience and privacy for tenants. Whether you're looking to expand your investment portfolio or live in one unit while offsetting your mortgage with rental income, this property offers flexibility and value in a highly desirable location.

Property Information

Type
Residential Freehold
Style
Semi-Detached
Architectural Style
Bungalow-Raised
Lot Size
33.21 × 126 ft
Direction Faces
West
Bedrooms
4 (3 + 1)
Kitchens
2
Parking
2 total · None
Cross Street
Adelaide and Keefer
Postal Code
N7G 2V5
Occupancy
Tenant
Possession
Flexible
MLS#
X13136492
Listing Office
CENTURY 21 FIRST CANADIAN CORP

Building Details

Construction
Brick, Vinyl Siding
Roof
Asphalt Shingle
Heating
Forced Air · Gas
Cooling
Central Air
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Walk-Up, Finished
Fireplace
No
Pool
None
Elevator
No

Features & Amenities

Interior
Primary Bedroom - Main FloorStorageStorage Area Lockers
Exterior
DeckPatioPorchYear Round Living
Property
Fenced YardGreenbelt/ConservationHospitalPlace Of WorshipSchoolSchool Bus Route
Security
Smoke Detector

Financials & Fees

Annual Property Tax
$2,882 (2025)

Inclusions & Exclusions

Inclusions

2 refrigerators, 2 stoves, 2 washers, 2 dryers

Exclusions

Tenants belongings

Location

Listing courtesy of:CENTURY 21 FIRST CANADIAN CORP

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

The data relating to real estate on this website comes in part from the MLS® data feed of PropTx Innovations Inc. The information is deemed reliable but is not guaranteed accurate by PropTx.

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.

© 2026 PropTx Innovations Inc. All rights reserved. MLS®, REALTOR® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA).