For Sale

235 Hamilton Road, London, Ontario N5Z1P9

$999,800

235 Hamilton Road, London, Ontario N5Z1P9 is For Sale and has a listing price of 999,800. The property is located in the Hamilton Road neighbourhood. It's been on the website for 71 Days.

  • Multi-family
    Property Type
  • Other
    Building Type
  • 11
    Bedrooms
  • 6
    Bathrooms
  • MLS ID: X9240694
  • Office Name ROCK STAR REAL ESTATE INC.
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. (id:43137)

Property Details
  • Bedrooms: 11
  • MLS ID: X9240694
  • Bathrooms: 6
  • Price: $999,800
  • Transaction Types: For Sale
  • Ref ID: 27255740
  • Year Built: N/A
  • Building Type: Other
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
08/06/2024 X9240694 $999,800 For Sale - -
08/06/2024 40629657 $999,800 For Sale - -
06/07/2024 X8417200 $999,800 Terminated 10/06/2024 -
06/04/2024 40597543 $999,800 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hamilton Road
  • $554,286 Average List Price
    based on 1 year
  • 52 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.95 % Up
  • Sold (12mo) 137
  • Rented (12mo) 15

  • 1 Month Change -0.5%
  • 3 Month Change -3.6%
  • 6 Month Change -15.0%
Walkscore
  • 85 Walk Score
    Very Walkable
  • 57 Transit Score
    Good Transit
  • 74 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    83.69%
  • Commercial
    9.63%
  • Condo
    5.98%
  • Land for Sale
    0.69%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Basement2 Partial
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick, Vinyl Siding
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 06/08/2024 00:00:00
  • Zoning Rr2{331r} Rr2{333r}
  • Agent Name: MICHEAL WILLIAM DESORMEAUX
  • Last Updated: 16/10/2024 18:33:14
Open House Dates
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