- Bedrooms
- 8
- Bathrooms
- 0
- Square Feet
- —
- Year Built
- —
- Lot Size
- 21 × 140 Feet
- Property Type
- Investment
- Neighbourhood
- London East
- Status
- For Sale
About this home
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.
Features
- Approximate age: 51-99
- Garage: None
- Cooling: Yes
- Heating: Other
Location
Approximate location, geocoded from the listing address.
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