745 & 749 HAMILTON Road for sale
$1,299,000
1 / 12
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.
Property details
Overview
- List price
- $1,299,000
- Status
- For sale
- Square footage
- 2800
- Property type
- Investment
- Style
- Apartment
- Year built
- 51-99
- Days on market
- 112
- List date
- 2026-04-23
Interior
- Heating
- Other
- Cooling
- Yes
Exterior & parking
- Garage type
- None
- Parking spaces
- 14
Lot & utilities
- Lot size
- 9224
- Lot frontage
- 21
- Lot depth
- 140
Location
- Neighbourhood
- East M
- City
- London East
- Province
- ON
- Postal code
- N5Z 1T8
Listing information
- MLS® number
- X13036168
- Listing office
- CENTURY 21 FIRST CANADIAN CORP
Map & location
745 & 749 HAMILTON Road, London East, ON
Map location is approximate. Always verify boundaries and access independently.
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