235 Hamilton Road

East L, London East, N5Z 1P9

$769,900

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  • 8+3 bedrooms
  • 6 bathrooms
  • 0 parking
  • 3500-5000 sq ft

Listed 120 days ago · MLS® X13474468

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 in-suite 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.

Details

Type
Multiplex
Style
2-Storey
Age
100+ years
Size
3500-5000 sq ft
Lot
39.34 × 108.26 ft
Basement
Partial Basement
Garage
None
Kitchens
5
Property tax
$6,012 (2025)
Neighbourhood
East L
Municipality
London East

Interior

Bedrooms
8 above ground + 3 below
Bathrooms
3 × 4-piece (main), 3 × 4-piece (second)
Rooms
21 above ground
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick, Vinyl Siding
Roof
Asphalt Shingle
Age
100+
Faces
South

Lot

Size
39.34 × 108.26 ft (rectangular)
Acreage
< .50

More

Possession
Flexible
Cross street
Adelaide Street N/Hamilton Rd

History of this address

7 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 10 cafés and restaurants, 3 parks, 1 pharmacy. Nearest park: Meredith Park (700 m).

Schools nearby

Elementary

  • Aberdeen Public School
    EQAO: Gr 6 reading 65%, math 33%
    3 min walk
  • Trafalgar Public School
    EQAO: Gr 6 reading 52%, math 9%
    19 min walk
  • Lord Roberts Public School1.5 km
  • Princess Elizabeth Public School
    EQAO: Gr 6 reading 88%, math 53%
    1.7 km

Secondary

  • St. Mary's Catholic School Catholic11 min walk
  • B. Davison Secondary School13 min walk
  • H.B. Beal Secondary School
    EQAO: Gr 9 math 56%, literacy test 79%
    13 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N5Z

Owners / renters
62% / 38%
Median household income
$64,500
Average age
41
Children under 15
16%
Homes
50% detached, 8% high-rise
Commute by transit
6%
Population
24,067

Languages spoken most at home besides English: Spanish 1.7%, Arabic 1.5%, Portuguese 1.1%, Polish 1%.

Safety

Crime Severity Index for London police: 73 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown London: 2 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROCK STAR REAL ESTATE INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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