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Royal LePage
Royal LePage
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$1,150,000

London East (East M) ON, N5Z 1T8

MLS® # X12213943

Property Information:

Exceptional investment opportunity in the heart of London! This 9-unit multifamily propertycombining 745 & 749 Hamilton Roadoffers excellent street visibility and access to major transit routes, making it a highly desirable location for tenants. Currently generating a strong gross rental income of $154,776 annually, this property presents a turnkey cash-flowing asset ideal for savvy investors. Each building has been well maintained and features a mix of spacious units, some with separate hydro meters, adding operational efficiency and long-term upside. Located along a high-traffic corridor, this site is surrounded by amenities, schools, and shopping, ensuring consistent tenant demand. Whether you're looking to expand your portfolio or build generational wealth, this rare offering combines location, income, and growth potentialmaking it a must-see for serious multifamily buyers. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 2800 sqft
  • Heating Type: Other
  • Cooling Type: Fully air conditioned
  • Appliances: Dishwasher, Dryer, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 2800 Square Feet
  • Irregular: Yes
  • Lot Depth: 140.0 Feet
  • Lot Frontage: 21.0 Feet
  • Lot Size: 21 x 140 FT ; Both properties are angled side by side.
  • Zoning: AC 4-5
  • No. of Parking Spaces: 14

Courtesy of: CENTURY 21 FIRST CANADIAN CORP

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 745 & 749 HAMILTON ROAD, London East (East M), Ontario, N5Z 1T8

Demographic Information of 745 & 749 HAMILTON ROAD, London East (East M), Ontario, N5Z 1T8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$80,778.77

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.24 %

High school certificate or equivalent

31.91 %

Apprenticeship trade certificate/diploma

6.86 %

College/non-university certificate

25.08 %

University certificate (below bachelor)

0.83 %

University Degree

9.08 %

Commuter

Travel To Work

By Car

85.06 %

By Public Transit

6.86 %

By Walking

3.0 %

By Bicycle

1.19 %

By Other Methods

3.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.1 %

Houses

91.9 %

Own Vs. Rent

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