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745 & 749 HAMILTON Road, London East, ON N5Z 1T8

London East, ON, N5Z 1T8 · East M

8 Beds
Sq Ft
14 Parking
Investment Type
X13036168 MLS#

About this property

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.

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Other

Property Details

Property Type Commercial
Property Sub-Type Investment
Bedrooms 8
Lot Size 9,224 Feet
Garage None
Parking Spaces 14
Heat Type Other
Cooling Yes
Annual Tax $9,250
Tax Year 2025

Building & Construction

Approximate Age
51-99
Building Area Total
2800

Heating & Cooling

Heat Type
Other
Cooling
Yes

Parking & Garage

Garage Type
None
Parking Spaces
14

Lot & Land

Lot Size Area
9224.00
Lot Size Units
Feet
Lot Depth
140.00
Lot Width
21.00
Lot Irregularities
Both properties are angled side by side.

Community & Neighborhood

Community Features
Public Transit

Financial & Tax

Tax Annual Amount
$9,250
Tax Year
2025
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Utilities
Yes

Room Details

Kitchens Total
0

Additional Details

Occupant Type
Tenant
County Or Parish
Middlesex
Cross Street
Hamilton Main Street
Directions
Hamilton Road near Brisbin St
Showing Requirements
List Salesperson

Location

745 & 749 HAMILTON Road, London East, ON N5Z 1T8, London East, ON, N5Z 1T8

Listing courtesy of CENTURY 21 FIRST CANADIAN CORP
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