235 Hamilton Road,London East (East L), ON N5Z1P9
London East (East L), ON N5Z1P9
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 in-suite 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:13843)
Details
| MLS # | X13474468 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 132 |
| Listing Provided By | ROCK STAR REAL ESTATE INC. | MICHEAL WILLIAM DESORMEAUX |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,500 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | BDC(35) H13 |
Interior
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Unknown |
|---|
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 0 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 6012 |
|---|
Area Information
| Province | ON |
|---|---|
| City | London East (East L) |
| Postal Code | N5Z1P9 |
| Listing VS Median (in N5Z1P9) | |
Price: $769,900 low | high Med: $769,900 sqft: 3,500 low | high Med: 3,668 $ / sqft: $220 low | high Med: $210 On site: 132 low | high Med: 132 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | London East (East L) |
| Postal Code | N5Z1P9 |
| Listing VS Median (in N5Z1P9) | |
Price: $769,900 low | high Med: $769,900 sqft: 3,500 low | high Med: 3,668 $ / sqft: $220 low | high Med: $210 On site: 132 low | high Med: 132 | |
