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$1,299,000

745 & 749 HAMILTON Road, London East, ON N5Z 1T8

London East

Bedrooms
8
Square feet
2,800
Type
Investment
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Reading the listing details…

About this listing

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 details

Price per sqft
$464
Days on market
2 days
Property taxes
$9,250/yr (2025)
Lot size
21 × 140 Feet
Heating
Other
Cooling
Yes
Approximate age
51-99

Payment calculator

$259,800 (20%)
%
Estimated payment
$5,752 /mo
Mortgage amount
$1,039,200

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

View Walk Score, Transit Score & Bike Score

Walkability, transit, and bike-friendliness for 745 & 749 HAMILTON Road, London East, ON N5Z 1T8

Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.

MLS# X13036168

Listed by CENTURY 21 FIRST CANADIAN CORP

On market since Apr 23, 2026

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About 745 & 749 HAMILTON Road, London East, ON N5Z 1T8

How much is 745 & 749 HAMILTON Road, London East, ON N5Z 1T8?

745 & 749 HAMILTON Road, London East, ON N5Z 1T8 is listed for $1,299,000 CAD.

How many bedrooms and bathrooms does 745 & 749 HAMILTON Road, London East, ON N5Z 1T8 have?

745 & 749 HAMILTON Road, London East, ON N5Z 1T8 has 8 bedrooms.

What type of property is 745 & 749 HAMILTON Road, London East, ON N5Z 1T8?

745 & 749 HAMILTON Road, London East, ON N5Z 1T8 is a Investment, 2,800 sq ft.

What neighbourhood is 745 & 749 HAMILTON Road, London East, ON N5Z 1T8 in?

745 & 749 HAMILTON Road, London East, ON N5Z 1T8 is in London East, Ontario.

Is 745 & 749 HAMILTON Road, London East, ON N5Z 1T8 for sale or for rent?

745 & 749 HAMILTON Road, London East, ON N5Z 1T8 is currently for sale.

What are the property taxes on 745 & 749 HAMILTON Road, London East, ON N5Z 1T8?

The annual property taxes on 745 & 749 HAMILTON Road, London East, ON N5Z 1T8 are approximately $9,250 CAD.

How do I book a showing for 745 & 749 HAMILTON Road, London East, ON N5Z 1T8?

Contact Alex Morgan at +16471112222 to arrange a private showing of 745 & 749 HAMILTON Road, London East, ON N5Z 1T8 (MLS# X13036168). You can also send a message through the contact form on this site.