$829,900
235 HAMILTON Road
Beds
11
Baths
5
Sqft
—
Year
1888
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
FULLY LEASED ALMOST $2,500/Month Positive Cashflow! Legal 5-unit property offering exceptional cash flow, featuring four spacious 2-bedroom units and one large 3-bedroom unit, each with their own full bath, kitchen, and own insuite laundry. Meticulously updated and generously sized, every unit has its own hydro meter and separate entrance. Ideally located on a key arterial road just 2 km from the city's central business and administrative corridor, this property is surrounded by amenities that make it highly desirable for tenants, including public transit at the doorstep, grocery stores, restaurants, schools, and healthcare facilities within walking distance. It is also very close to the London Health Sciences Centre, Vauxhall Park, Boyle Memorial Park, and several community centres. The prime location supports its continued use as a strong multi-residential asset, offering excellent connectivity, access to essential services, and a stable urban setting conducive to long-term tenancy. Annual income of $90k + this is an outstanding investment opportunity. (id:65958)
- Subtype
- Multi-family
- Community
- East L
- Common interest
- Freehold
- Living area
- 3,668 square feet
- Stories
- 2
- On market
- Apr 14, 2026
- Status changed
- Apr 14, 2026
- Annual tax
- $6,012
- Zoning
- AC4 AC5
- Photos
- 36
- MLS#
- 40820697
- Area
- LONDON
Features and systems
Parking
Basement
Heating
Cooling
Exterior
Foundation
Cash on cash
-11.77%
Cap rate
3.54%
GRM
16.7
Break-even rent
$5,864
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.