$1,100,000
 $5,905 est/mo Sourced by Back At You

745 & 749 Hamilton Road,London East (East M), ON N5Z1T8

London East (East M), ON N5Z1T8

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Description

Exceptional 12-unit investment opportunity in the heart of London, offering strong in-place income and scale across two properties at 745 & 749 Hamilton Road. Currently generating $176,700 in annual gross income with a solid NOI of $152,242, this asset delivers an impressive ~11.7% cap rate at the list price. The property features a diverse unit mix including 1-bedroom units, bachelor units, a triplex component, plus additional income streams from a rear commercial/shop space, parking, and storage. Several units have tenant-paid utilities, improving operational efficiency and reducing landlord exposure. Strategically located along a high-traffic corridor with excellent transit access, this property benefits from consistent tenant demand and long-term rental stability. A rare opportunity for investors seeking strong cash flow with upside potential through rent optimization and further expense control. (id:374)

Details

MLS #X13036168
Listing TypeFor Sale
StatusActive
Days On Site121
Listing Provided ByCENTURY 21 FIRST CANADIAN CORP | DURGA PRASAD AARIPAKA

Features

Bed(s)8
SQ Feet2,800
ZoningAC 4-5

Interior

CoolingFully air conditioned
HeatingOther
Fireplace Yes / NoNo

Parking

Parking Total14

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount9250

Area Information

ProvinceON
CityLondon East (East M)
Postal CodeN5Z1T8
Listing VS Median (in N5Z1T8)
Price:
$1,100,000
low | high
Med:
$1,100,000
50% of Average
sqft:
2,800
low | high
Med:
2,800
50% of Average
$ / sqft:
$393
low | high
Med:
$393
50% of Average
On site:
121
low | high
Med:
121
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityLondon East (East M)
Postal CodeN5Z1T8
Listing VS Median (in N5Z1T8)
Price:
$1,100,000
low | high
Med:
$1,100,000
50% of Average
sqft:
2,800
low | high
Med:
2,800
50% of Average
$ / sqft:
$393
low | high
Med:
$393
50% of Average
On site:
121
low | high
Med:
121
100% of Average
Sourced by Back At You
Listing Updated: August 17, 2026 at 9:23:10 AM PDT