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235 Hamilton Rd

Hamilton RdEalingLondonON, N5Z 1P9

11
Beds
6
Baths
2,999 - 3,499
Sq. Ft.
$999,800
List Price
235 Hamilton Rd, London, ON - 1 of 3
235 Hamilton Rd, London, ON - 2 of 3
235 Hamilton Rd, London, ON - 3 of 3
107 days on market

Quick Summary

  • Fully leased legal five-unit property
  • Meticulously updated units with private laundry
  • Large unit sizes with separate entrances
  • Excellent rental area with high projected income
  • Attractive cap rate of 6.9% for investment

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... Show More

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:54626)

Property Details

Size

2,999 - 3,499 sq. ft.
across 2 floors
11 Beds
8 Above Grade - 3 Below Grade
6 Baths
6 Full

Parking

-

Lot

Size
471′0″ * 1298′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Brick, Vinyl siding
Foundation
Unknown
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X9240694
Last Updated
October 16, 2024
Brokerage
ROCK STAR REAL ESTATE INC.
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Call us 800-591-0566

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