Room 1
Level not provided
235 Hamilton Rd
East L, London East, Ontario N5Z 1P9
Description
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13474468
- Board
- TRREB MLS®
- Days on market
- Tax
- $6,012
- Size
- 3500-5000 sqft
- Lot
- 39.34 × 108.26 Feet
- Parking
- None, 0 Parking
Listing History
Buy/Sell history for 235 Hamilton Rd, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $769,900 | N/A | For Sale | X13474468 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- East L
- Municipality
- London East
Inside
- Bedrooms
- 8+3
- Bathrooms
- 6
- Bathroom Detail
- 3, 4pc, Main
- Bathroom Detail
- 3, 4pc, 2nd
- Basement Type
- Part Bsmt
- Kitchens
- 5
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Parking
- Driveway
- None
- Garage Type
- None
- Add. Parking
- 0
- Total Parking
- 0
Land
- Sewer
- Sewers
- Lot Size
- 39.34 × 108.26 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 100+
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
14 records read 8 on record nearby 6 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m23 test or monitoring holes also recorded.
- Groundwater recorded about 6.1 m below ground nearbyThe middle water level in the well records within 500 m (72 records). It changes with the season and from spot to spot.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 7.3 km
Province of Ontario open data
Around the home
- Nearest rail line: 250 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is London Hospital Linen Service Inc. — LHLS, 790 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by London Hydro Inc.
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$3,530
- Down payment$153,980
- Mortgage amount$615,920
- Total interest$443,080
- Total cost$1,212,980
Cash flow analysis
$3,530
Total monthly payment
$4,031
Break-even down payment
100%
Cash flow-$4,031
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$769,900
$769,900
CAD
Estimated market value
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