235 Hamilton Road,London East, ON N5Z 1P9
London East, ON N5Z 1P9
Description
FULLY LEASED ALMOST $2,500/Month Positive Cashflow! 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 in-suite 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.
Details
| MLS # | X13474468 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 67 |
| Listing Provided By | ROCK STAR REAL ESTATE INC. | X13474468 145500 |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 6 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.10 |
Interior
| Interior Features | Other |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Unknown |
| Construction Materials | Brick, Vinyl Siding |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | None |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 6012 |
|---|---|
| Tax Legal Description | PT LT 40 PLAN 110(3RD) AS IN LC118416; T/W LC118416, IF ANY; "DESCRIPTION IN LC118416 MAY NOT BE ACCEPTABLE IN FUTURE RE: ROW" LONDON |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Middlesex |
| City | London East |
| Postal Code | N5Z 1P9 |
| Area | East L |
| Listing VS Median (in N5Z 1P9) | |
Price: $769,900 low | high Med: $0 On site: 67 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Middlesex |
| City | London East |
| Postal Code | N5Z 1P9 |
| Area | East L |
| Listing VS Median (in N5Z 1P9) | |
Price: $769,900 low | high Med: $0 On site: 67 low | high Med: | |
