InvestmentActive

745 & 749 HAMILTON Road

745 & 749 HAMILTON Road, London East, ON N5Z 1T8·MLS® X13036168

$1,299,000

Annual taxes: $9,250 (2025)

8

Bedrooms

Bathrooms

2,800

Sqft

51-99

Approx. Age

Property Overview

Property Overview

MLS®

X13036168

Status

Active

Property Type

Commercial

Property Sub-Type

Investment

List Price

$1,299,000

Taxes

$9,250 (2025)

Lot Size

9224 Feet

Square Footage (Exact)

2,800 sqft

Approximate Age

51-99

Bedrooms

8

Cooling

Yes

City

London East

Postal Code

N5Z 1T8

Property 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 Features

Public Transit

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Estimated Monthly

$6,375

Estimate only. Excludes property tax, insurance, condo fees, and CMHC premium. Speak to a mortgage professional for an exact figure.

Listing Brokerage

CENTURY 21 FIRST CANADIAN CORP

Data via TRREB / AMPRE IDX

The information provided herein is believed to be accurate but is not warranted and is intended only for consumers who have a bona fide interest in the purchase, sale, or lease of real estate.

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