Description

 Price: $ 1,299,000.00 MLS^®: X13036168         Location : 745 & 749 HAMILTON Road, London East, ON N5Z 1T8

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.

Location Description

Hamilton Main Street

Property Details

• Community: East M
• Property Type: Tenant/Commercial
• Bedrooms: 8
• Garages: None

Building Features

Features

• Heating: Other