235 HAMILTON Road
London, Ontario
11 bed • 5 bath • Multi-family
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 insuite 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.
Price History
Schools
Elementary
- Aberdeen Public School0.2 km
Public · Thames Valley DSB · 295 students
Grade 3 reading: 43% met the provincial standard · Grade 6 math: 33% met the provincial standard
- St. John French Immersion School0.6 km
Catholic · London District Catholic School Board · 540 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 58% met the provincial standard
- St Mary School0.7 km
Catholic · London District Catholic School Board · 230 students
Grade 6 math: 85% met the provincial standard
Secondary
- B Davison Secondary School Secondary School0.8 km
Public · Thames Valley DSB
- H B Beal Secondary School0.9 km
Public · Thames Valley DSB · 1525 students
Grade 10 literacy: 79% met the provincial standard
- Catholic Central High School1.2 km
Catholic · London District Catholic School Board · 1310 students
Grade 10 literacy: 89% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N5Z
- Population
- 24,067
- Private dwellings
- 11,008
- Median age
- 40
- Average household size
- 2.3
- Median household income
- $64,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in London · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of multi-family properties in London over the last 12 months.
Location
Mortgage Calculator
$153,980
Estimated Monthly Payment
$3,782
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,782/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $192/mo
Estimates only. Consult a financial advisor.
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