235 HAMILTON Road, London, Ontario N5Z1P9

Listing courtesy of Rock Star Real Estate Inc..

$769,900
11
BD
5
BA
3,668
SqFt

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List Price
$769,900
MLS®
40841808
Days on Market
36
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
11
Bathrooms
5
Living Area
3,668
Subdivision
East L

Property Description

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. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
East L
Cooling
None
Country
Canada
Sewer
Municipal sewage system
Heating
Forced air, Natural gas
Total Number Of Units
5
Stories
2

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Calculator source: Real Geeks