$1,100,000
( $392.86Per Sq Foot )
 $5,905 est/mo Sourced by Back At You

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

London East, ON N5Z 1T8

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Description

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.

Details

MLS #X13036168
Listing TypeFor Sale
Sub-TypeResale
StatusPrice Change
Year0
Days On Site187
Listing Provided ByCENTURY 21 FIRST CANADIAN CORP | X13036168 371303

Features

Bed(s)8
SQ Feet2,800
Acreage0.06

Interior

Cooling Yes / NoNo
CoolingYes

Exterior

Community FeaturesPublic Transit

Utilities

UtilitiesYes

Taxes

Tax Annual Amount9250
Tax TypeAnnual
Tax Legal DescriptionAttached under supplements.
Tax Year2025

Area Information

ProvinceON
CountyMiddlesex
CityLondon East
Postal CodeN5Z 1T8
AreaEast M
Listing VS Median (in N5Z 1T8)
Price:
$1,100,000
low | high
Med:
$1,100,000
50% of Average
sqft:
2,800
low | high
Med:
2,800
50% of Average
$ / sqft:
$393
low | high
Med:
$393
50% of Average
On site:
187
low | high
Med:
187
100% of Average
Sourced by Back At You

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

LOISANN DARRACH

LOISANN DARRACH

Coldwell Banker The Real Estate Centre

 (905) 898-0000loisann.homes@gmail.com
ProvinceON
CountyMiddlesex
CityLondon East
Postal CodeN5Z 1T8
AreaEast M
Listing VS Median (in N5Z 1T8)
Price:
$1,100,000
low | high
Med:
$1,100,000
50% of Average
sqft:
2,800
low | high
Med:
2,800
50% of Average
$ / sqft:
$393
low | high
Med:
$393
50% of Average
On site:
187
low | high
Med:
187
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 11:36:46 PM PDT

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LOISANN DARRACH

355 Muskoka Road South
Gravenhurst, ON P1P 1J4
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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