$1,299,000
Available - For Sale
Listing ID: X13036168
745 & 7 HAMILTON Road , London East, N5Z 1T8, Middlesex
| 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. |
| Price | $1,299,000 |
| Taxes: | $9250.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 745 & 7 HAMILTON Road , London East, N5Z 1T8, Middlesex |
| Postal Code: | N5Z 1T8 |
| Province/State: | Middlesex |
| Legal Description: | Attached under supplements. |
| Directions/Cross Streets: | Hamilton Main Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 2800.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Approximatly Age: | 51-99 |
| Washrooms: | 0 |
| Heat Type: | Other |
| Central Air Conditioning: | Yes |
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| CENTURY 21 FIRST CANADIAN CORP |
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Antonella Monte
Broker
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647-282-4848
Bus:
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At a Glance:
| Type: | Com - Investment |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East M |
| Approximate Age: | 51-99 |
| Tax: | $9,250 |
| Fireplace: | N |
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