$769,900
Est. payment $3,409/moCalculate yours
235 Hamilton Road, London East, ON N5Z 1P9
East, London, ON N5Z 1P9
- 8 + 3 Beds
- 6 Baths
- 3,500 Sq Ft
Listing courtesy of ROCK STAR REAL ESTATE INC. 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.
Property details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 3,500 sqft
Interior
- Bedrooms
- 8 + 3
- Bathrooms
- 6
- Kitchens
- 5
- Basement
- Partial Basement
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick, Vinyl Siding
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 39.34 x 108.26 Feet
- Parking
- None garage
- Zoning
- BDC(35) H13
Financial
- Property Taxes
- $6,012 (2025)
Location
- Neighbourhood
- East
- Cross Street
- Adelaide Street N/Hamilton Rd
- Direction Faces
- South
Listing
- MLS® Number
- X13474468
- Days on Market
- 118
- Listed On
- 2026-06-22
- Possession
- Flexible
- Listed By
- ROCK STAR REAL ESTATE INC.
Features
Interior
- Other
Pool
- None
- Excluded
- Tenants Belongings
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$3,409 per month
- Principal and interest
- $3,409
- Property tax
- $501
- Condo fees
- $0
- Estimated monthly cost
- $3,910
Your mortgage
- Mortgage amount
- $615,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $406,765
Cash to close
- Down payment
- $153,980
- Land transfer tax
- $11,873
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $165,853
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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