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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: X9240694
8 + 3
Bedrooms
6
Bathrooms
3000 - 3500
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. (36496434)

Location Description

Adelaide Street N/Hamilton Rd

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Square Footage
3000 - 3500 sqft
Community Name
East L
Land Size
39.3 x 108.3 FT ; 129.91ft x 32.00ft x 108.26ft x 39.94ft|under 1/2 acre
Annual Property Taxes
$6,012
Total Parking Spaces
0
Time on REALTOR.ca
91 days

Building

Bedrooms
Above Grade
8
Below Grade
3
Bathrooms
Total
6
Interior Features
Basement Type
Partial
Building Features
Foundation Type
Unknown
Rental Equipment
Water Heater
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Parking
Total Parking Spaces
0

Measurements

Square Footage
3000 - 3500 sqft

Land

Lot Features
Frontage
39 ft ,3 in
Land Depth
108 ft ,3 in
Other Property Information
Zoning Description
BDC(35) H13
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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