22383 Adelaide Road, Strathroy-Caradoc

$449,900
22383 Adelaide Road

$449,900

New
34d
DetachedBungalow

22383 Adelaide Road, Strathroy-Caradoc

Total Monthly Obligation $2,396

Beds
2
Baths
1
Park
2
Sqft
700-1100
DOM
34d
Yield
8.3%
Cash on Cash
11.8%
Cap Rate
7.1%
5Y IRR
25.2%
10Y IRR
22.7%
Property Type-Detached
MLS® Number-X13806692
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-63.17 × 137.75 ft
Listed on site-Sep 19, 2026
Style-Bungalow
Building Type-Detached
Age-100+
Taxes-$2,470 (2025)
Parking-3 - Detached
Basement-Partial Basement, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ADVANTAGE REALTY LTD.
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Other
Roof-Shingles
Foundation-Concrete Block
Sewer-Septic
Possession-90-150 days
Neighbourhood-Mount Brydges
Title-Residential Freehold

No agent assigned

First time offered on MLS! Opportunity knocks to own a little piece of Mount Brydges history, situated on a premium deep corner lot and lovingly owned by the same family for 40 years. This charming bungalow offers two bedrooms, a four-piece bathroom and plenty of character throughout. The main floor features a sun-filled living room, formal dining room, generous eat-in country kitchen and an enclosed back porch for added convenience. Outside, enjoy the large front porch, fully fenced backyard and detached sunroom/screened-in gazebo-an inviting spot for summer evening gatherings or a wonderful seasonal plant sanctuary for the avid gardener. The extra-deep, detached 1.5-car garage provides plenty of room for parking and workshop space, while two separate driveways mean there's no need to shuffle vehicles. A storage shed offers additional outdoor storage. The furnace and water heater were installed in 2019. Conveniently located close to the arena, school, parks, walking trails, shopping, restaurants and everyday amenities, this property offers small-town living just a short drive from London and Strathroy.

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Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,396/mo
Mortgage $1,815
Monthly Loss $1,918
Principal$478
Interest$1,337
Property Tax$206
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 22383 Adelaide Road

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