22399 Adelaide Road

Welcome to your dream investment opportunity! Nestled at 22399 Adelaide Road, Strathroy-Caradoc, this stunning Multi-Family Home for sale in Strathroy-Caradoc is a brand new, purpose-built triplex that boasts an impressive array of features. With a prime location in the charming community of Mount Brydges, this property is not just a house; it’s a gateway to a lucrative future.

As you step into this magnificent multiplex, you’ll be greeted by a well-thought-out design spread across three storeys. The exterior is a delightful combination of brick and vinyl siding, offering both durability and aesthetic appeal. With a total of 21 rooms, including nine spacious bedrooms and three bathrooms, this Multi-Family Home for sale in Strathroy-Caradoc is perfect for families or groups seeking comfort and convenience. Each unit is separately metered, ensuring privacy and independence for all tenants, with separate entrances leading to each living space.

The heart of this home lies in its three well-appointed kitchens, which are finished with quality cabinetry and high-grade vinyl plank flooring throughout. Although not all appliances are currently installed, rest assured that they will be in place before closing, allowing for a seamless transition for the new owners. The property is unfurnished, giving you the freedom to style each unit to your taste.

One of the standout features of this Multi-Family Home for sale in Strathroy-Caradoc is the excellent parking situation. With space for up to five vehicles, your tenants will never have to worry about finding a spot. The property also includes privacy decks and patios, perfect for enjoying those sunny afternoons or hosting gatherings with friends and family.

The financial prospects of this triplex are equally impressive. Currently renting at $2,395.00 per month plus utilities, the gross income is just under £85,620.00, with estimated expenses around £11,380.00. This presents a potential return on investment (ROI) of 12.5%, making it an attractive option for savvy investors. Plus, with one unit still vacant, there’s the added option for owner occupation, allowing you to live in one of the units while renting out the others.

For those concerned about comfort, the property is equipped with central air conditioning and forced air heating, ensuring a pleasant environment year-round. The full, finished basement with a walk-out adds additional living space or storage options, further enhancing the appeal of this Multi-Family Home for sale in Strathroy-Caradoc.

While there is no pool or garage space, the absence of these features is more than compensated for by the ample parking and the vibrant community of Mount Brydges. The property is connected to municipal water and sewer services, providing peace of mind for any homeowner or tenant.

In summary, 22399 Adelaide Road, Strathroy-Caradoc, is a remarkable Multi-Family Home for sale in Strathroy-Caradoc that combines modern living with investment potential. With its new build status, quality finishes, and strategic location, this triplex is an opportunity not to be missed. Whether you’re looking to expand your property portfolio or seeking a new home in a welcoming community, this property ticks all the boxes. Don’t hesitate—come and see for yourself what this exceptional home has to offer!

Mount Brydges, nestled within the city of Strathroy-Caradoc, offers a charming blend of rural tranquillity and convenient access to urban amenities. This picturesque community is characterised by its welcoming atmosphere, with a mix of quaint homes and expansive green spaces, making it an ideal spot for families and individuals seeking a peaceful lifestyle. Surrounded by lush farmland and scenic landscapes, residents can enjoy outdoor activities such as hiking and cycling, while still being just a short drive from the bustling town centre of Strathroy. With a strong sense of community spirit and a variety of local services, Mount Brydges presents an appealing option for those looking to settle in a serene yet connected environment.

Schools in the Neighbourhood

The property is conveniently located near Caradoc Public School, an esteemed elementary institution situated just 0.5 km away at 714 Bowan St, Mount Brydges, Strathroy-Caradoc. Operated by the Thames Valley District School Board, this public school offers education in English for students from Junior Kindergarten through to Grade 8. With a school rating of 6.6, Caradoc Public School is recognized for its commitment to providing quality education and fostering a supportive learning environment. This proximity to a reputable school makes the property an excellent choice for families with young children, ensuring easy access to educational resources and community activities. The school’s focus on academic excellence and holistic development enhances the appeal of the neighborhood, making it a desirable location for potential buyers seeking a family-friendly community. Overall, living near Caradoc Public School not only provides convenience but also contributes to a nurturing environment for your children’s growth and education.