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Home ON Greater London London Hamilton Road
235 HAMILTON Road
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235 HAMILTON Road $999,800
$999,800
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235 HAMILTON Road
London, Ontario N5Z1P9

MLS® Number: 40629657
11
Bedrooms
5
Bathrooms
3668
Square Feet

Listing 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. (67885031)

Location Description

Adelaide Street N/Hamilton Rd

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
3668 sqft
Subdivision Name
East L
Title
Freehold
Land Size
under 1/2 acre
Built in
1888
Annual Property Taxes
$6,012
Parking Type
None
Time on REALTOR.ca
106 days

Building

Bathrooms
Total
5
Interior Features
Basement Type
Crawl space (Unfinished)
Building Features
Foundation Type
Unknown
Rental Equipment
Water Heater
Total Units
5
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Amenities Nearby
Public Transit, Shopping
Parking
Parking Type
None

Measurements

Square Footage
3668 sqft
Above Grade Finished
3668 sqft
Source: Other

Land

Lot Features
Fencing
Fence
Frontage
39 ft
Other Property Information
Access
Road access
Zoning Description
BDC(35) H13
Data provided by: The Oakville, Milton & District Real Estate Board 208 - 400 Main Street East, Milton, Ontario L9T 4X5

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