745 & 749 HAMILTON Road
$1,299,000
Annual taxes: $9,250 (2025)
8
Bedrooms
—
Bathrooms
2,800
Sqft
51-99
Approx. Age
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
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Estimated Monthly
$6,375
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Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Data via TRREB / AMPRE IDX
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