ACTIVE
See all 36 photosACTIVE · 134 days
$769,900See Homsy estimate →
235 Hamilton RoadEast L, London East, ON N5Z 1P9 · Sale · MLS® X13474468
8+3Bedrooms
6Bathrooms
3500-5000Sq ft
--Parking
$154–$220Per sq ft
About this home
The homeTaxes$6,012/yr
Price per sq ft$154–$220
PossessionFlexible
All listing details
- 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.
- Property type
- Multiplex
- Style
- 2-Storey
- Heating
- Forced Air
- Air conditioning
- None
- Basement
- Partial Basement
- Garage
- None
- Central vac
- N
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The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
Price & listing history
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Homsy estimate
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Cost to own
CostKnown monthly carrying costs
$501 / month
Property tax$501
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Sold nearby
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