745 & 749 Hamilton Road, London East, ON

$1,100,000

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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

OfficeCENTURY 21 FIRST CANADIAN CORP

Listing Map