Gurvinder Nokwal REALTOR®
For Sale Multiplex 118 days on market

$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
Map

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

Minimum for this price: $51,990 (6.75%)

Amortization, years

Estimated mortgage payment

$3,409 per month

Principal and interest
$3,409
Property tax
$501
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
Total, before legal fees
$165,853
Talk to me about financing

Estimates 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

235 Hamilton Road, London East, ON N5Z 1P9 East, London, ON N5Z 1P9
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$769,900 235 Hamilton Road, London East, ON N5Z 1P9
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