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196 Adelaide Street, Strathroy-Caradoc, ON N7G 2V5

SW · Strathroy-Caradoc · ON · N7G 2V5

$549,900
$500/sqft
4 beds2 baths1,100–1,500 sqft2 parkingSemi-Detached

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196 Adelaide Street, Strathroy-Caradoc, ON N7G 2V5Request a viewing

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 Type
Semi-Detached
Style
Bungalow-Raised
Bedrooms
4
Bathrooms
2
Square Feet
1,100–1,500
Year Built
Parking
2
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Walk-Up, Finished
Taxes
$2,882/yr
Market insight: Homes in SW have stayed in demand, with well-priced properties moving quickly. Ask about recent comparable sales →