Skip to content
For sale
1 / 34

$549,900

Estimated value $522K to $577K

Est. $2,576/mo mortgage

3bd·3ba·2,000-2,500sqft

338 Hamilton Road · London, N5Z 1R5

MLS® X13738184

46 days on market46 days on market

Listed Sep 2, 2026

Listing courtesy of Homelife/diamonds Realty INC.·Listing last changed Sep 2

Key facts

Property type
Triplex
Square footage
2,000-2,500 sqft
Lot size
43.06 × 126.36 ft
Parking
3 spaces
Property tax
$4,660/yr (2025)

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".

Read more ›

Keep notes on this home

Jot down what you thought and mark it as toured. Private to you.

Property details

Interior

Size
2,000-2,500 sqft
Rooms
12 rooms · 3 kitchens
Bathrooms
2 × 4-piece on Ground, 1 × 4-piece on Upper
Basement
Unfinished, Partial Basement
Heating
Forced Air
Cooling
None

Building & lot

Type
Triplex, 2-Storey
Lot size
43.06 × 126.36 ft
Exterior
Brick, Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Front Yard Parking (3 spaces)
Parking
3 spaces

Fees & taxes

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

Estimated value range

$522K to $577K

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.

Location & neighbourhood

Directions

Hamilton Road

London East, ON

Schools nearbyclosest is B Davison Secondary School, 450 m

Elementary

  • Lester B Pearson School for the Arts

    500 m · Grades 4-8

    Thames Valley District School Board

    9.1
  • Aberdeen Public School

    600 m · Grades JK-8

    Thames Valley District School Board

    4.5
  • Trafalgar Public School

    780 m · Grades JK-8

    Thames Valley District School Board

    3.1

Secondary

  • B Davison Secondary School

    450 m · Grades 9-12

    Thames Valley District School Board

  • G A Wheable Secondary School

    1.1 km · Grades 9-12

  • H B Beal Secondary School

    1.2 km · Grades 9-12

    Thames Valley District School Board

    5.3

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. $3,329/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,576
Property tax$388
Insurance (est.)$115
Utilities (est.)$250
Total monthly$3,329
Land transfer tax$7,473 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

193 Clarence Street, London East

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

103 McClary Avenue, London South

4 bd·3 ba·2,000-2,500 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.5 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 92.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$484,667

Sale-to-list ratio

92.3%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $136,000 household income

Minimum household income required

$136,000

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? Ask Colin →
Rental market$2,200/mo median for 3 bed nearby

$2,200/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 52 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

Own a home in Hamilton Road?

Find out what it's worth.

Get your free valuation →
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

No obligation. Pick a time that suits you.

(226) 212-5099 · colin@searchlondonhomes.com

Message Colin about this home

By submitting, you agree to be contacted by Oak and Key Real Estate Brokerage Inc. by email, phone and text message about real estate services. Message frequency varies. Msg & data rates may apply. Reply STOP to unsubscribe or HELP for help. See our Privacy Policy and SMS Terms.

Get notified about similar homes

New triplex listings in Hamilton Road.