Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X13036168

745 & 749 HAMILTON Road, London East, ON N5Z 1T8

London East, ON N5Z 1T8

$1,100,000 Est. $4,672/mo · 20% down, 25-yr, 4.09% ↓ $199,000 (-15.3%)
8Beds
21 × 140 ftLot
InvestmentType

About this property

Exceptional 12-unit investment opportunity in the heart of London, offering strong in-place income and scale across two properties at 745 & 749 Hamilton Road. Currently generating $176,700 in annual gross income with a solid NOI of $152,242, this asset delivers an impressive ~11.7% cap rate at the list price. The property features a diverse unit mix including 1-bedroom units, bachelor units, a triplex component, plus additional income streams from a rear commercial/shop space, parking, and storage. Several units have tenant-paid utilities, improving operational efficiency and reducing landlord exposure. Strategically located along a high-traffic corridor with excellent transit access, this property benefits from consistent tenant demand and long-term rental stability. A rare opportunity for investors seeking strong cash flow with upside potential through rent optimization and further expense control.

Property Summary

Property TypeInvestment
Community NameEast M
Land Size140 x 21
Age of Building51-99
Annual Property Taxes$9,250.00
Tax Year2025
Parking TypeNone Garage

Building details

Bedrooms8
Bathrooms / washrooms0
Property typeInvestment
Approximate age51-99

Lot & land

Lot dimensions140 x 21
Lot frontage21 ft
Lot depth140 ft

Building Features

StyleInvestment

Heating & Cooling

CoolingYes
Heating TypeOther

Parking

Parking TypeNone Garage

Taxes & fees

Annual taxes$9,250 (2025)

Listing history

On market sinceApr 22, 2026
Original list price$1,299,000

Location

London East, ON N5Z 1T8
Listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
745 & 749 HAMILTON Road, London East, ON N5Z 1T8