$1,100,000
745 & 749 HAMILTON Road, London East, ON N5Z 1T8
8 beds— baths
Key facts
- MLS®
- X13036168
- Status
- Price Change
- Type
- Investment
- Taxes
- $9,250
- Lot
- 9224 Feet
- Listed
- 2026-04-23
- Brokerage
- CENTURY 21 FIRST CANADIAN CORP
- Cross street
- Hamilton Main Street
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.