235 HAMILTON Road, London, ON N5Z1P9
East L
Key Facts
Description
FULLY LEASED ALMOST $2,500/Month Positive Cashflow! Legal 5-unit property offering exceptional cash flow, featuring four spacious 2-bedroom units and one large 3-bedroom unit, each with their own full bath, kitchen, and own insuite laundry. Meticulously updated and generously sized, every unit has its own hydro meter and separate entrance. Ideally located on a key arterial road just 2 km from the city's central business and administrative corridor, this property is surrounded by amenities that make it highly desirable for tenants, including public transit at the doorstep, grocery stores, restaurants, schools, and healthcare facilities within walking distance. It is also very close to the London Health Sciences Centre, Vauxhall Park, Boyle Memorial Park, and several community centres. The prime location supports its continued use as a strong multi-residential asset, offering excellent connectivity, access to essential services, and a stable urban setting conducive to long-term tenancy. Annual income of $90k + this is an outstanding investment opportunity. (id:31684)
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1888
Living Area
3,668 sq ft
Ownership
Freehold
Listing #
40841808
Property Features
Cooling
Heating
Fencing
Sewer
Affordability Calculator
$153,980
Estimated monthly payment
$4,098/mo
Principal $615,920 · Est. interest $859,263 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in London, ON
- CA$603,512
- Median Listing Price
- 46
- Median Days on Market
- 1,500
- Median Sq Ft
- CA$400
- Median Price / Sq Ft
- 4,224
- Active Listings
- This home’s price is 28% above the area median.
- Its price per sq ft is 48% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in London, ON.
Location
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Points of Interest in London, ON
Showing the London area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 235 Hamilton Road, London East, ON | CA$769,900 | 11 | 6 | — |
| 235 HAMILTON ROAD, London East (East L), ON | CA$769,900 | 11 | 6 | — |
| 334 Queens Avenue, London East, ON | CA$799,000 | 20 | 3 | — |
| 334 QUEENS AVENUE, London East (East F), ON | CA$799,000 | 20 | 3 | — |
| 376 BURWELL STREET, London East (East G), ON | CA$999,900 | 11 | 7 | — |
Moving Cost Estimate
EXIT Agents in London
Listing Courtesy: Rock Star Real Estate Inc.
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