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For Sale

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

$1,100,000

  • Investment
  • MLS® X13036168

Listing Brokerage: CENTURY 21 FIRST CANADIAN CORP

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.

Property details

MLS® number
X13036168
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
East M
City
London East
Building area
2800 Square Feet
Lot width
21 Feet
Lot depth
140 Feet
Approximate age
51-99
Heating
Other
Cooling
Yes
Garage
None
Taxes
$9,250.00
Tax year
2025
Business type
Apts - 6 To 12 Units
Listing brokerage
CENTURY 21 FIRST CANADIAN CORP

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