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338 HAMILTON Road

London East, N5Z 1R5·MLS® X13738184

Listing courtesy of Homelife/diamonds Realty INC.·Updated 5 hours ago

Listing price

$549,900

Est. $2,619/mo

Days on market

2

Listed Sep 2, 2026

For sale
1 / 34
3bd·3ba·2,000-2,500sqft

Description

Welcome to 338 Hamilton Road! A fantastic opportunity to own a 2-storey triplex featuring three separate units, offering excellent potential for both investors and first-time home buyers. This property provides the flexibility to generate rental income from multiple units while building long-term equity. Ideal for an investor looking to expand their portfolio or an owner-occupant looking to live in one unit while benefiting from potential rental income from the others. Conveniently located close to everyday amenities, shopping, schools, public transit and major routes. Don't miss this great income-producing opportunity! "VIRTUALLY STAGED PICTURES".

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Property details

Type
Triplex, 2-Storey
Lot size
43.06 × 126.36 ft
Interior
2000-2500 sqft
Rooms
12 rooms · 3 kitchens
Bathrooms
1 × 4-piece on Ground, 1 × 4-piece on Ground, 1 × 4-piece on Upper
Basement
Unfinished, Partial Basement
Heating
Forced Air
Cooling
None
Exterior
Brick, Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer
Driveway
Front Yard Parking (3 spaces)
Parking
3 spaces
Property tax
$4,660/yr (2025)

Rooms

Upper

Bedroom
2.9 × 2.57 m
Kitchen
2.64 × 2.39 m
Living Room
3.73 × 2.87 m

Ground

Bedroom
3.2 × 2.87 m
Living Room
4.09 × 3.18 m
Kitchen
3.56 × 2.67 m

Lower

Living Room
4.09 × 3.18 m
Kitchen
2.52 × 1.96 m
Bedroom
2.9 × 2.57 m

AI property estimate

$596,171~8.4% above asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$536,554$655,788

75% confidence · 31 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Old East Village

London East, ON

Vibrant arts district with walkable streets and character homes.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,619
Property tax$596
Insurance (est.)$115
Utilities (est.)$250
Total monthly$3,580
Land transfer taxOne-time, on closing

Ontario LTT

$7,473

First-time rebate

$4,000

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

Price & listing history

$549,900

Listed Sep 2, 2026

On the market

Sold comparables nearby

193 Clarence Street, London EastSold

$500,000

193 Clarence Street, London East

3 bd·3 ba·1,500-2,000 sqft
103 McClary Avenue, London SouthSold

$470,000

103 McClary Avenue, London South

4 bd·3 ba·2,000-2,500 sqft

See what these 6 homes sold for

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Market conditionsLondon East · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$470,333

Sale-to-list ratio

91.5%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$134,241

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

Not sure about financing? Ask Colin

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AI estimate

$596,171

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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