745 & 749 HAMILTON Road

About this home

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.

Details

Type

Investment

Age

51-99 years

Lot

21 × 140 ft

Garage

None

Kitchens

0

Property tax

$9,250 (2025)

Neighbourhood

East M

Municipality

London East

Heating, cooling and services

Air conditioning

Yes

Utilities

Yes

Building and exterior

Age

51-99 years

Building area

2,800 Square Feet

More

Possession

Flexible

Cross street

Hamilton Main Street

Business type

Apts - 6 To 12 Units