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$1,299,000
Ontario,London East (East M)
For Sale Active
745 & 749 HAMILTON ROAD, London East (East M), Ontario N5Z1T8
  • 8
  • 2,800 Sqft
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Basic Details
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:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13036168
  • Price: $1,299,000
  • Bedrooms: 8
  • Square Footage: 2,800 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 47128
Features & Appliances
Features
  • Heating System: Other
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, London East (East M), N5Z1T8
  • Street: HAMILTON
  • Street Number: 745 & 749
  • Street Suffix: Road
  • Longitude: W82° 47' 43.9''
  • Latitude: N42° 58' 44.1''
Additional Information
  • Water Source:
  • Business Type: Residential
  • Lot Size Dimensions: 21 x 140 FT ; Both properties are angled side by side.
Financial
  • Tax Annual Amount: 9250
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Listing updated: 2026-04-25 01:23:39
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Listing Information
  • List Agent Key: 2149896
  • List Office Key: 47128
  • Modification Timestamp: 2026-04-23T17:55:12Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2026-04-23T17:32:42Z
Powered by REALTOR.ca
Listing updated: 2026-04-25 01:23:39
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