235 Hamilton Road, London, ON, N5Z 1P9

$999,800

MLS® # 40629657

Investment For Sale In Hamilton Road, London, Ontario

$999,800

Property Information:

MONEY MAKER! Legal Five-Unit Property FULLY LEASED! Consisting Of Four Two-Bedroom Units And One Large Three-Bedroom Unit. Each Unit Has One Bath, Kitchen, And Its Own Private Laundry. Meticulously Updated. All Units Are Large In Size And Each Has Its Own Hydro Meter And Separate Entrance. Located In An Excellent Rental Area. Annual Income Projected At $95,340 Per Year. Unit #1 Rented At $1,550 + Hydro, Unit #2 Rented At $1,500 + Hydro, Unit #3 Rented At $1,300 + Hydro, Unit #4 Rented At $1,600 + Hydro, Unit #5 Rented At $1,900 + Hydro. Cap Rate Of 6.9%. An Amazing Investment Opportunity With All Units Currently Tenanted At Market Rents. Annual Income $94,200. The Buyer And The Buyer's Agent Are Responsible For Verifying All Income And Expenses.

Inclusions: Carbon Monoxide Detector,Smoke Detector,Other

Building Features:

  • Floor Space: 3668 Square Feet

Property Features:

  • Bedrooms: 11
  • Acres Range: < 0.5
  • Basement: Crawl Space, Unfinished
  • Built in: 1888
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Driveway Parking: None
  • Exterior Features: Separate Hydro Meters
  • Fencing: Full
  • Floor Space (approx): 3668 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Features: Irregular Lot, Public Transit, Shopping Nearby
  • Lot Frontage: 39.34 Feet
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal-Metered
  • Zoning: BDC(35) H13
  • Sewer: Sewer (Municipal)

Courtesy of: Rock Star Real Estate Inc., Brokerage

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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