London, ON N5Z 1P9,235 Hamilton Road
London, ON N5Z 1P9,235 Hamilton Road
London, ON N5Z 1P9,235 Hamilton Road
London, ON N5Z 1P9,235 Hamilton Road
London, ON N5Z 1P9,235 Hamilton Road
London, ON N5Z 1P9,235 Hamilton Road
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$ 864,500
Est. payment | /mo

11 Beds

5 Baths

3,668 SqFt


Save
$ 864,500
Est. payment | /mo
Save

11 Beds

5 Baths

3,668 SqFt

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

Listed by Rock Star Real Estate Inc., Brokerage

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235 Hamilton Road