235 Hamilton Road, London East, ON N5Z 1P9
East L, London East · Near Adelaide Street N/Hamilton Rd · View map
About this home
FULLY LEASED ALMOST $2,500/Month Positive Cashflow! Legal 5-unit property offering exceptional cash flow, featuring four spacious 2-bedroom units and one large 3-bedroom unit, each with their own full bath, kitchen, and own in-suite laundry. Meticulously updated and generously sized, every unit has its own hydro meter and separate entrance. Ideally located on a key arterial road just 2 km from the city's central business and administrative corridor, this property is surrounded by amenities that make it highly desirable for tenants, including public transit at the doorstep, grocery stores, restaurants, schools, and healthcare facilities within walking distance. It is also very close to the London Health Sciences Centre, Vauxhall Park, Boyle Memorial Park, and several community centres. The prime location supports its continued use as a strong multi-residential asset, offering excellent connectivity, access to essential services, and a stable urban setting conducive to long-term tenancy. Annual income of $90k + this is an outstanding investment opportunity.
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 8
- Basement bedrooms
- 3
- Bathrooms
- 6
- Kitchens
- 5
- Rooms
- 21
- Basement
- Partial Basement
- Lot size
- 39.3 x 108.3 ft
- Faces
- South
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $6,012/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Adelaide Street N/Hamilton Rd
- Neighbourhood
- East L
More
- Price per sq ft
- ~$181 (at 4,250 sq ft)
- MLS® number
- X13474468
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
235 Hamilton Road, London East, ON N5Z 1P9
East L, London East · Near Adelaide Street N/Hamilton Rd
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Listing history for 235 Hamilton Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 235 Hamilton Road
Answers come straight from this home’s MLS® listing.
How much is 235 Hamilton Road listed for, and what would it cost each month?
235 Hamilton Road is listed for $769,900. With 20% down ($153,980), the mortgage payment would be roughly $3,106 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,607 a month, all in. That figure is an illustration, not a quote.
Is 235 Hamilton Road freehold or a condo, and is there a monthly fee?
235 Hamilton Road is a multiplex in East L, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 235 Hamilton Road have?
235 Hamilton Road has 8 bedrooms, plus 3 more bedrooms in the basement, and 6 bathrooms. The listing gives the style as 2-storey.
Does 235 Hamilton Road have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
Does 235 Hamilton Road have a finished basement?
The listing describes the basement as partial basement. It counts 3 bedrooms on that level.
What style of home is 235 Hamilton Road?
235 Hamilton Road is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 235 Hamilton Road, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 39.3 x 108.3 ft.
How is 235 Hamilton Road heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 235 Hamilton Road?
Property taxes are $6,012 a year (2025), or about $501 a month.
Where is 235 Hamilton Road?
235 Hamilton Road is in the East L community of London East. The nearest main intersection is Adelaide Street N/Hamilton Rd. The postal code is N5Z 1P9.
Is 235 Hamilton Road still for sale?
Yes. It is an active listing (MLS® X13474468). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 235 Hamilton Road asking?
Similar properties for sale nearby right now include 338 HAMILTON Road at $549,900 (3 bed), 61-63 DILLABOUGH Street at $729,000 (2+1 bed) and 363 Ashland Avenue at $749,000 (7+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 235 Hamilton Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 235 Hamilton Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near East L, picked by style, size and price.
Triplex$549,900338 HAMILTON Road, London East3 bed · 3 bath · East LCourtesy of: HOMELIFE/DIAMONDS REALTY INC.View home →
Duplex$729,00061-63 DILLABOUGH Street, London East2+1 bed · 2 bath · East LCourtesy of: KELLER WILLIAMS LIFESTYLESView home →
Fourplex$749,000363 Ashland Avenue, London East7+2 bed · 4 bath · East MCourtesy of: CENTURY 21 FIRST CANADIAN CORPView home →Courtesy of: ROCK STAR REAL ESTATE INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.