Homes for Sale in London, Ontario
266 Hamilton Road
London East, N5Z 1R3·MLS® X13592066·
Listing courtesy of Re/max Tri-county Realty INC Brokerage·Updated 3 hours ago
Listing price
$239,900
Est. $1,143/mo
Days on market
Listed Jul 22, 2026
Description
Looking to build some sweat equity? This fully licensed duplex presents an excellent investment opportunity in a convenient London location. Whether you're an investor looking to add to your portfolio or a handyman ready to bring new life to a property, this vacant duplex offers plenty of potential. The home features a spacious 4-bedroom main floor unit and a separate 2-bedroom upper unit, both with their own private entrances and separate hydro meters, providing flexibility for future tenants. Additional features include forced-air natural gas heating, central air conditioning, and ample opportunity to renovate and add value. Ideally situated with everyday amenities nearby, including a Tim Hortons directly across the road, this property offers convenience and strong income potential once updated. Don't miss your chance to transform this duplex into a rewarding investment.
Property details
Basement
Partial Basement
Parking
2 spaces
Type
Duplex — 1 1/2 Storey
Heating
Forced Air
AI property estimate
73% confidence · 26 sold homes within 2 km, by price per sq ft
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$2,124
First-time rebate
−$2,124
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$329,000
379 Central Avenue, London East
Sold$345,000
524 Simcoe Street, London East
See all 10 comparables
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Market conditions · East E
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
$960
Rental yield
4.8%
Est. cash flow
-$742
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$63,843
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$584,264
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