235 Hamilton Road

London East, ONMulti-family
$769,900
MLS® X13474468
Multi-family11 beds6 baths0 total
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BUYER ADVANTAGE

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About This Property

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 in-suite 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:63604)

Key Facts

Type
Multi-family
Beds
11
Baths
6
Size
3,500 sqft
Lot
39.3 x 108.3 FT; 129.91ft x 32.00ft x 108.26ft x 39.94ft
Parking
0 total
Property Details 13 details
Bedrooms
11 bedrooms
8 above grade + 3 below grade
Bathrooms
6 bathrooms
Parking
0 parking spaces
No Garage
Living area
3,500 - 5,000 sq. ft.
Property
Multi-family
Property subtype
Multi-family
Structure type
Other
Storeys
2
Basement
Partial
Heating
Forced air, Natural gas
Fireplace
No
Lot dimensions
39.3 x 108.3 FT; 129.91ft x 32.00ft x 108.26ft x 39.94ft
Frontage
39.30 feet
Taxes
$6,012.00
Zoning
BDC(35) H13
Water source
Municipal water
Sewer
Sanitary sewer

Exterior features

BrickVinyl siding
Mortgage & Affordability Estimate monthly costs
Purchase price$769,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
East L
City
London East
Postal code
N5Z 1P9
Nearby
Adelaide Street N/Hamilton Rd