London, ON N5Z 1P9,235 Hamilton Road
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London, ON N5Z 1P9,235 Hamilton Road
London, ON N5Z 1P9,235 Hamilton Road
London, ON N5Z 1P9,235 Hamilton Road
London, ON N5Z 1P9,235 Hamilton Road
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Listed by Mike Desormeaux • Rock Star Real Estate Inc., Brokerage
$ 999,800
Est. payment /mo
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Active

235 Hamilton Road London, ON N5Z 1P9

11 Beds

5 Baths

3,668 SqFt


UPDATED:

09/26/2024 04:18 PM

Key Details

Property Type Multi-Family

Sub Type Multi-5 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 3,668 sqft

Price per Sqft $272

MLS Listing ID 40629657

Bedrooms 11

Abv Grd Liv Area 3,668

Originating Board Oakville

Year Built 1888

Annual Tax Amount $6,012

Property Description

MONEY MAKER! Legal Five-Unit Property FULLY LEASED! Consisting Of Four Two-Bedroom Units And One Large Three-Bedroom Unit. Each Unit Has One Bath, Kitchen, And Its Own Private Laundry. Meticulously Updated. All Units Are Large In Size And Each Has Its Own Hydro Meter And Separate Entrance. Located In An Excellent Rental Area. Annual Income Projected At $95,340 Per Year. Unit #1 Rented At $1,550 + Hydro, Unit #2 Rented At $1,500 + Hydro, Unit #3 Rented At $1,300 + Hydro, Unit #4 Rented At $1,600 + Hydro, Unit #5 Rented At $1,900 + Hydro. Cap Rate Of 6.9%. An Amazing Investment Opportunity With All Units Currently Tenanted At Market Rents. Annual Income $94,200. The Buyer And The Buyer's Agent Are Responsible For Verifying All Income And Expenses.

Location

Province ON

County Middlesex

Area East

Zoning BDC(35) H13

Direction Adelaide Street N/Hamilton Rd

Rooms

Basement Crawl Space, Unfinished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Exterior Feature Separate Hydro Meters

Fence Full

Waterfront No

Roof Type Asphalt Shing

Street Surface Paved

Porch Patio

Lot Frontage 39.34

Garage No

Building

Lot Description Irregular Lot, Public Transit, Shopping Nearby

Faces Adelaide Street N/Hamilton Rd

Story 2

Foundation Unknown

Sewer Sewer (Municipal)

Water Municipal-Metered

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 083090116

Ownership Freehold/None


Hal Canoglu

Agent | License ID: 5012956

+1(226) 700-1210

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235 Hamilton Road