About 745 & 749 Hamilton Road
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.
Features of 745 & 749 Hamilton Road
| MLS® # | X13036168 |
|---|---|
| Price | $1,100,000 |
| Bathrooms | 0.00 |
| Type | Commercial |
| Sub-Type | Investment |
| Status | Active |
Community Information
| Address | 745 & 749 Hamilton Road |
|---|---|
| Area | Middlesex |
| Subdivision | East M |
| City | London East |
| Province | ON |
| Postal Code | N5Z 1T8 |
Amenities
| Parking Spaces | 14 |
|---|---|
| Garages | None |
| Is Waterfront | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Yes |
| Fireplace | No |
Listing Details
| Office | CENTURY 21 FIRST CANADIAN CORP |
|---|
