196 Adelaide Street
Strathroy-Caradoc (SW), ON N7G 2V5
- 3+1Bedrooms
- 2Bathrooms
- 0Garage
- 1100–1500Sq Ft
- $2,882Tax
- 33×126 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 196 Adelaide Street, Strathroy-Caradoc, SW
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-05-15 | 2026-08-11 | Login to See Prices | Terminated | x13136492 |
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About 196 Adelaide Street, Strathroy-Caradoc, SW
Summarized Description
- Prime location near schools and shopping
- Two-unit setup for rental income
- Upper unit generates $1,950/month
- Lower unit brings in $1,550/month
- Separate entrance for lower unit
- Private patio for added tenant privacy
- Well-maintained with included appliances
- Ideal for investors or homeowners
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,882
- Land Transfer Tax Fee
- $7,473
Rental Items
- Rental Equipment
- HWT
- Under Contract
- Hot Water Heater
- Basement Type
- Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Walk-Up, Finished
Interior Features
- Interior Extras
- Primary Bedroom - Main Floor, Storage, Storage Area Lockers
- Security Features
- Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Patio, Porch, Year Round Living
- Pool
- None
- Property Features
- Fenced Yard, Greenbelt/Conservation, Hospital, Place Of Worship, School, School Bus Route
- Other Structures
- Fence - Full, Garden Shed
Building
- Building Type
- Semi-Detached
- Building Style
- Bungalow-Raised
Construction
- Exterior Finish
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 33.21 ft
- Lot Depth
- 126.00 ft
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- 2 refrigerators, 2 stoves, 2 washers, 2 dryers
Exclusions
- Exclusions
- Tenants belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 3 + 1
- Washrooms
- 2
- Kitchens
- 2
- Family / bonus room
- Yes
Room sizes
- Foyer—Main level
- Kitchen—Main level
- Dining Room—Main level, Walk-Out
- Living Room—Main level
- Bedroom—Main level
- Bedroom—Main level
- Bedroom—Main level
- Family Room—Lower level
- Bedroom—Lower level
- Other—Lower level
- Kitchen—Lower level
- Laundry—Lower level
Washrooms
- 4-piece, Main
- 4-piece, Lower
- Municipality
- Strathroy-Caradoc
- Neighbourhood
- SW
- Main cross streets
- Adelaide and Keefer
- Directions
- Take Metcalfe turn left on Adelaide
- MLS® number
- X13136492
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-11
- Listed on
- 2026-05-15
- Days on market
- 88 days
- Possession date
- 2026-08-31
- Possession type
- Flexible
- Co-op commission
- 2% + HST
- Seller
- Listed by
- CENTURY 21 FIRST CANADIAN CORP
Home Market Value
Current home valuation for 196 Adelaide Street, Strathroy-Caradoc, SW, Strathroy-Caradoc, ON. Listed for $549,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 196 Adelaide Street, Strathroy-Caradoc, SW
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $49,900 over $500K
$29,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $20,786 | $15,342 | $13,088 | $0 |
=Total mortgage | $540,441 | $510,252 | $480,503 | $439,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,639monthly | $2,491monthly | $2,346monthly | $2,148monthly |
Land Transfer Tax
$7,473
$7,473
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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