London East (East M), ON
745 & 749 HAMILTON ROAD
$1,100,000
Listed by
CENTURY 21 FIRST CANADIAN CORP
DURGA PRASAD AARIPAKA, Salesperson
Data last updated Oct 21, 2026, 7:30 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $1,100,000
- Type
- Detached
- Bedrooms
- 8
- Bathrooms
- 0
- Size
- 2,800 sq ft
- MLS®
- X13036168
- Status
- active
- Brokerage
- CENTURY 21 FIRST CANADIAN CORP
About this home
Description provided by the listing brokerage
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.