235 Hamilton Road · London, N5Z 1P9
MLS® X13474468
Listed Jun 22, 2026
Listing courtesy of Rock Star Real Estate INC.·Listing last changed Jul 22
Key facts
- Property type
- Multiplex
- Square footage
- 3,500-5,000 sqft
- Lot size
- 39.34 × 108.26 ft · < 0.50 acres
- Age
- 100+ years
- Property tax
- $6,012/yr (2025)
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.
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Property details
Interior
- Size
- 3,500-5,000 sqft
- Bedrooms
- 8 above grade, 3 lower level
- Rooms
- 21 rooms · 5 kitchens
- Bathrooms
- 3 × 4-piece on Main, 3 × 4-piece on Second
- Basement
- Partial Basement
- Heating
- Forced Air
- Cooling
- None
Building & lot
- Type
- Multiplex, 2-Storey
- Age
- 100+ years
- Lot size
- 39.34 × 108.26 ft · < 0.50 acres
- Exterior
- Brick, Vinyl Siding
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- None
Fees & taxes
- Property tax
- $6,012/yr (2025)
Estimated value range
$731K to $808K
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Schools nearbyclosest is Aberdeen Public School, 220 m
Elementary
- 4.5
Aberdeen Public School
220 m · Grades JK-8
Thames Valley District School Board
- 8.4
St. John French Immersion School
620 m · Grades JK-8
- 9.3
St Mary School
720 m · Grades 5-8
London District Catholic School Board
Secondary
B Davison Secondary School
750 m · Grades 9-12
Thames Valley District School Board
- 5.3
H B Beal Secondary School
870 m · Grades 9-12
Thames Valley District School Board
- 5.7
Catholic Central High School
1.2 km · Grades 9-12
London District Catholic School Board
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $4,518/mo all in
Monthly payment estimate
Land transfer tax$11,873 on closing
Ontario LTT
$11,873
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Jun 22, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold292 Central Avenue, London East
Sold279 Hill Street, London East
See what these 6 homes sold for
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Market conditionsBalanced market in London
5.9 months of inventory: supply and demand are roughly balanced. Nearby, 6 sales in the last 90 days went for an average of 89.6% of asking.
Avg. sold price
$859,167
Sale-to-list ratio
89.6%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $187,000 household income
Minimum household income required
$187,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Call Colin at (226) 212-5099 or text
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Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
Not intended to solicit clients already under contract.
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