$1,100,000
For SaleList: 2026-04-23
X13036168
$1,100,000
Added 196 days ago
MLS® X13036168
London East, ON, N5Z 1T8
Other
Added 196 days ago
MLS® X13036168
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Broker remarks from the listing.
Quick facts
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 sheet
Key facts from the MLS® sheet for this home.
Record
Buy/sell history for 745 & 749 HAMILTON Road, London East, ON N5Z 1T8 (Other)
$1,100,000
For SaleList: 2026-04-23
X13036168
(Sign in required)
Price ChangeList: 2026-04-23 | End: 2026-08-17
X13036168
| Contract Date | Last Update | Price | Status | Listing ID |
|---|---|---|---|---|
| Apr 23, 2026 | Aug 17, 2026 | $1,100,000 | For Sale | X13036168 |
| Apr 23, 2026 | Aug 17, 2026 | (Sign in required) | Price Change | X13036168 |
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