$549,900
5.90 BTC
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196 Adelaide Street, Strathroy-Caradoc
$549,900
PRICE
3 + 1
BEDROOMS
2
BATHROOMS
X13136492
MLSID

196 Adelaide Street, Strathroy-Caradoc

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.
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Summary

Address
196 Adelaide Street
Community
MLSID
X13136492
Property Type
Semi-Detached
Property Category
Bedrooms
3 + 1
Bathrooms
2
Kitchens
1 + 1
Taxes (Annual)
$2,882.00
Tax Year
2025
Published
May 15, 2026
Days on Market
10 Days
Possession Type
Flexible
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Inclusions

2 refrigerators, 2 stoves, 2 washers, 2 dryers

Exclusions

Tenants belongings

Details

Property Features
Fenced Yard, Greenbelt/Conservation, Hospital, Place Of Worship, School, School Bus Route
Security Features
Smoke Detector
Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Lower Level
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Walk-Up, Finished
Exterior Features
Deck, Patio, Porch, Year Round Living
Interior Features
Primary Bedroom - Main Floor, Storage, Storage Area Lockers
Parking Spaces
2
Parking Total
2
Parking Features
Lane, Private Double
Architectural Style
Bungalow-Raised
Roof
Asphalt Shingle
Construction Materials
Brick, Vinyl Siding
Lot Width
33 Feet
Lot Depth
126 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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