FULLY LEASED ALMOST $2,500/Month Positive Cashflow! Legal 5-unit property offering exceptional cash flow, featuring four spacious 2-bedroom units and one large 3-bedroom unit, each with their own full bath, kitchen, and own insuite laundry. Meticulously updated and generously sized, every unit has its own hydro meter and separate entrance. Ideally located on a key arterial road just 2 km from the city's central business and administrative corridor, this property is surrounded by amenities that make it highly desirable for tenants, including public transit at the doorstep, grocery stores, restaurants, schools, and healthcare facilities within walking distance. It is also very close to the London Health Sciences Centre, Vauxhall Park, Boyle Memorial Park, and several community centres. The prime location supports its continued use as a strong multi-residential asset, offering excellent connectivity, access to essential services, and a stable urban setting conducive to long-term tenancy. Annual income of $90k + this is an outstanding investment opportunity.
Details
X12443160
0
$864,900
Tenant
None
5 + 5
2-Storey
8 + 3
6
3500-5000 Sqft
N/A N/A
100+
Multiplex
Sale
Additional details
Forced Air / Gas
BDC(35) H13
$6012
2024
PT LT 40 PLAN 110(3RD) AS IN LC118416; T/W LC118416, IF ANY; "DESCRIPTION IN LC118416 MAY NOT BE ACCEPTABLE IN FUTURE RE: ROW" LONDON
N/A
N
Partial Basement
None
Municipal
Schools Nearby
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Toronto · Ontario · Estimates only. Not financial or investment advice. Consult a licensed mortgage broker and accountant before making investment decisions.
FAQ
What is the total square footage of the X12443160 - 235 Hamilton Road, London East, ON N5Z 1P9?
The total square footage of this property is 3500-5000 SqFt.
What schools near to X12443160 - 235 Hamilton Road, London East, ON N5Z 1P9?