235 Hamilton Road, London, Ontario N5Z 1P9

Listed for:
$864,900
11 beds
5 baths
Listed 2 days ago
235 Hamilton Road, London, Ontario N5Z 1P9

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Learn more about this property
Listing provided by:
Rock Star Real Estate Inc.
MLS® number:
40796376
Agent:
Micheal William Desormeaux
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About

Adelaide Street N/Hamilton Rd 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 insuite 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. (id:27476)

Property Highlights

MLS® Number
40796376
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre

Building

Storeys
2.00
Square Footage
3668 sqft
Bathrooms Total
5
Bedrooms Total
11
Amenities
Public Transit, Shopping
Exterior Finish
Brick, Vinyl siding
Fireplace Present
No
Basement Type
Crawl space (Unfinished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location