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Homes for Sale in London, Ontario

1170 Hamilton Road #204

London East, N5W 1A9·MLS® X13558034·

Listing courtesy of Blue Forest Realty INC.·Updated 5 hours ago

For sale
2Beds
1Baths
600-699Sqft
Year Built

Listing price

$135,000

Est. $643/mo

Days on market

2

Listed Jul 13, 2026

Description

A well-kept 2 bedroom, 1 bath condo at 1170 Hamilton Rd, unit 204, priced at $135,000 and suited equally to a first-time buyer or an investor looking to add to a rental portfolio.Inside, the unit is clean and well cared for with a private balcony, a nice spot for morning coffee or unwinding after work. The current tenant has kept the unit in great shape and would be happy to stay on, giving an investor immediate rental income with no vacancy gap to manage.Location covers the day-to-day essentials. East Park is close by for fun, and the area connects directly to walking and biking trails. Groceries, a bus stop, and highway access are all within easy reach, covering errands and commute without being car-dependent.At $135,000, this is an accessible entry point for an owner-occupant, or a straightforward hold for an investor.

Property details

Basement

None

Parking

1 spaces

Type

Condo Apartment — Apartment

Heating

Baseboard

AI property estimate

$200,055Above Market
$194,162$233,682

53% confidence · 7 sold homes within 2 km, by price per sq ft

Location & neighbourhood

East O

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$643
Property tax$146
Insurance (est.)$28
Utilities (est.)$250
Total monthly$1,067

Land transfer tax

Ontario LTT

$1,075

First-time rebate

$1,075

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jul 13, 2026Listed
$135,000

Sold comparables nearby

107 - 1176 Hamilton Road, London EastSold

$92,000

107 - 1176 Hamilton Road, London East

2 bd·1 ba·600-699 sqft
308 - 1172 Hamilton Road, London EastSold

$127,500

308 - 1172 Hamilton Road, London East

2 bd·1 ba·600-699 sqft

See all 10 comparables

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Market conditions · East O

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$540

Rental yield

4.8%

Est. cash flow

-$527

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$40,021

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$200,055

Above Market

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