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From Our Gallery

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.

Location Description

Hamilton Main Street

Property Detail

  • Community: East M
  • Property Type: Tenant/Commercial
  • Bedrooms: 8
  • Garages: None
  • Annual Property Taxes : $ 9250
  • sqft

Facts and Features

  • Parking Type : None

Amenities

  • Heating : Other

Listing Contracted With: CENTURY 21 FIRST CANADIAN CORP

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