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MLS® X13036168
London, ON
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.
Broker
CENTURY 21 FIRST CANADIAN CORP
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Investment
745 & 749 HAMILTON Road London
London East
Built
51-99
Type
Investment
Parking
None
Property Tax
~$9,250/yr
Heating
Other
Buying Essentials
Square Feet
2800 sqft
Parking
None
Finances
List Price
$1,100,000
Price per SQFT
$393/sqft
Property Tax
~$9,250/yr
Property Specs
Property Type
Investment
MLS Size
2800 sqft
Age of Building
51-99
Living & Amenities
Heating Type
Other
Policies & Utilities
Neighbourhood
London East
Listed On
Apr 22, 2026
Public Transit
Days on Market
Current: 199 days
Room information is not available for this listing.
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