235 Hamilton Road Active Save Request In-Person Tour Request Virtual Tour
London,ON N5Z 1P9
Key Details
Property Type Multi-Family
Sub Type Multi-5 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,668 sqft
Price per Sqft $235
MLS Listing ID 40775090
Bedrooms 11
Abv Grd Liv Area 3,668
Year Built 1888
Annual Tax Amount $6,012
Property Sub-Type Multi-5 Unit
Source Barrie
Property Description
FULLY LEASED $2,500/Month PLUS POSITIVE CASH FLOW! 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 insuite 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.
Location
Province ON
County Middlesex
Area East
Zoning BDC(35) H13
Direction Adelaide Street N/Hamilton Rd
Rooms
Basement Crawl Space,Unfinished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Forced Air,Natural Gas
Cooling None
Fireplace No
Appliance Dishwasher,Dryer,Refrigerator,Stove,Washer
Laundry In-Suite
Exterior
Exterior Feature Separate Hydro Meters
Fence Full
Roof Type Asphalt Shing
Street Surface Paved
Porch Patio
Lot Frontage 39.34
Garage No
Building
Lot Description Irregular Lot,Public Transit,Shopping Nearby
Faces Adelaide Street N/Hamilton Rd
Story 2
Foundation Unknown
Sewer Sewer (Municipal)
Water Municipal-Metered
Level or Stories 2
Structure Type Brick,Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 083090116
Ownership Freehold/None