SWIPE FOR MORE IMAGES
$1,299,000 CAD
745 & 749 HAMILTON ROAD
London East (east M), Ontario N5Z 1T8
Canada
London East (east M), Ontario N5Z 1T8
Canada
260.12 m2 ::
2,800 sqft
8 bedrooms
Residential For Sale, Multi Family
Sale price per sqm: 3,616.94
Remarks:
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:42016)
Features:
- Cooling System: Air Conditioning
Location:
745 & 749 HAMILTON ROAD, London East (east M), Ontario N5Z 1T8, Canada
Listed By CENTURY 21 First Canadian Corp. Brokerage
The Residential For Sale, Multi Family located at 745 & 749 HAMILTON ROAD, London East (east M), Ontario N5Z 1T8, Canada is currently for sale. 745 & 749 HAMILTON ROAD, London East (east M), Ontario N5Z 1T8, Canada is listed for $1,299,000 CAD. This property has 8 bedrooms and 2,800 sqft. If the property located at 745 & 749 HAMILTON ROAD, London East (east M), Ontario N5Z 1T8, Canada isn't what you're looking for, search Ontario Real Estate to see other Homes For Sale in London East (east M).












