Property Information:

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.

Inclusions: Other

Building Features:

Floor Space: 3668 Square Feet

Property Features:

Bedrooms: 11
Acres Range: < 0.5
Basement: Crawl Space, Unfinished
Built in: 1888
Construction Materials: Brick, Vinyl Siding
Cooling: None
Driveway Parking: None
Exterior Features: Separate Hydro Meters
Fencing: Full
Floor Space (approx): 3668 Square Feet
Heating: Forced Air, Natural Gas
Interior Features: Separate Hydro Meters
Laundry Features: In-Suite
Lot Features: Irregular Lot, Public Transit, Shopping Nearby
Lot Frontage: 39.34 Feet
Road Frontage Type: Public Road
Road Surface Type: Paved
Roof: Asphalt Shing
Security Features: Carbon Monoxide Detector(s)
Water Source: Municipal-Metered
Zoning: BDC(35) H13
Sewer: Sewer (Municipal)

Courtesy of: Rock Star Real Estate Inc.

This listing content provided by Brokers Playbook^TM

More Detail

Less Detail

Demographic Information of 235 Hamilton Road, London, ON, N5Z 1P9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$76,516.63

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.89 %

High school certificate or equivalent

35.1 %

Apprenticeship trade certificate/diploma

6.57 %

College/non-university certificate

18.88 %

University certificate (below bachelor)

0.57 %

University Degree

6.99 %

Commuter

Travel To Work

By Car

77.74 %

By Public Transit

13.06 %

By Walking

5.56 %

By Bicycle

0.0 %

By Other Methods

3.64 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.74 %

Houses

66.26 %

235 Hamilton Road, London, ON, N5Z 1P9