Home ›Listings ›Strathroy-Caradoc ›X13136492

196 Adelaide Street Strathroy-Caradoc ON

📍 Strathroy-Caradoc, Ontario N7G 2V5

$549,900

Active
4BEDS
2BATHS
2PARKING
2KITCHENS
33.21×126LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13136492
ListedMay 15, 2026
Days on Market—
Property TypeResidential Freehold
StyleSemi-Detached
Cross StreetAdelaide and Keefer

📝 Listing Description

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 Details

Property TypeResidential Freehold
StyleSemi-Detached
Bedrooms4
Bathrooms2
Kitchens2

📐 Lot & Land

Lot Width33.21 ft
Lot Depth126 ft
Cross StreetAdelaide and Keefer

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingCentral Air
BasementApartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Walk-Up, Finished
GarageNone
Parking2
ConstructionBrick, Vinyl Siding
RoofAsphalt Shingle

💰 Financial

List Price$549,900
Annual Taxes$2,882 (2025)

🧮 Mortgage Calculator

$109,980
Est. Monthly Payment
$2,701/mo
Principal: $439,920 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by CENTURY 21 FIRST CANADIAN CORPData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13136492 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.