Address: 745 & 749 HAMILTON ROAD, London East (East M) FOR SALE Postal Code: N5Z1T8 Style: Type: Multi-family Multi-Family Bedrooms: 8 Bathrooms: 0 Lot Size: 21 ft x 140 ft Property Size: 21 x 140 FT ; Both properties are angled side by side.
About 745 & 749 Hamilton Road
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. (id:56071). Get more information on 745 & 749 Hamilton Road
Property Features
Rental Equipment: Directions: Cross Streets: Hamilton Main Street. ** Directions: Hamilton Road near Brisbin St. Zoning Description: AC 4-5 Interior Size: 2800 sqft Lot: 21 x 140 FT ; Both properties are angled side by side. 21 x 140 FT ; Both properties are angled side by side. Water: Municipal water, Heating / Cooling: / Fully air conditioned Age: 51 to 99 years Basement:
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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