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For sale
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$399,900

Estimated value $389K–$420K

Est. $1,873/mo mortgage

3bd·3ba·1,100-1,500sqft

797 Hamilton Road · London East, N5Z 1V2

MLS® X13850488

1 day on marketListed yesterday

Listed Oct 1, 2026

Listing courtesy of Hewitt Jancsar Realty LTD.·Updated 2 hours ago

Description

Looking for a project with real upside? 797 Hamilton Road is a duplex with a bonus in-law suite, giving you three units in total, with AC2 Zoning (Arterial Commercial). It's ready for a buyer who can see past a little wear and tear. Three separate entrances, one for each unit, open up plenty of options, whether that's rental income, space for extended family, or a small business setup that the commercial zoning allows. You'll also find parking at both the front and rear, plus a covered deck. Recent updates include all cast iron pipe replaced with PVC, a new lift pump, and a furnace and AC that come with a warranty. The second floor has fresh paint and new carpet, and the basement unit has an updated bathroom. Three fridges, three stoves, and a washer and dryer are included, so each unit is equipped from day one. The location is ideal, with Highway 401 access, shopping, schools, parks, churches, and restaurants all just minutes away. If you're handy, an investor, or someone who loves a good value-add opportunity, this one is worth a look. Bring your ideas, potential awaits!

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Property details

Interior

Size
1100-1500 sqft
Rooms
13 rooms · 3 kitchens
Bathrooms
1 × 4-piece on Main, 1 × 3-piece on Second, 1 × 4-piece on Basement
Basement
Finished, Walk-Up, Separate Entrance
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Duplex, 1 1/2 Storey
Lot size
33 × 100 ft
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private, Lane (2 spaces)
Parking
2 spaces

Fees & taxes

Property tax
$3,453/yr (2025)

Estimated value range

$389K–$420K

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
Argyle →

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly paymentest. $2,447/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,873
Property tax$241
Insurance (est.)$83
Utilities (est.)$250
Total monthly$2,447
Land transfer tax$4,474 on closing

Ontario LTT

$4,474

First-time rebate

−$4,000

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

Price & listing history

$399,900

Listed Oct 1, 2026

On the market

Sold comparables nearby

28 BEATTIE Avenue, London EastSold

28 BEATTIE Avenue, London East

4 bd·2 ba·1,500-2,000 sqft
89 Heather Crescent, London EastSold

89 Heather Crescent, London East

4 bd·2 ba·1,500-2,000 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Glen Cairn

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 94.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$450,167

Sale-to-list ratio

94.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $100,000 household income

Minimum household income required

$100,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization 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 48 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.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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