1344 Hamilton Road
London East, ON
- 1,000 sqft
- Commercial Retail
- 166 days on market
Fantastic opportunity, approximately $50k annual Net income, an approximate 5 Cap rate, variety store and gas bar on long term lease, with rental bumps, 3 bedroom home rented to a long term tenant, willing to stay, and a car dealership on a busy intersection, in a rapidly expanding neighborhood. Property is official plan designated for medium density residential, hold property for the income, then redevelop! Very high potential, lots of parking.
Listing Details
- Taxes (2025)
- $8,155
- Listed
- March 19, 2026
Price History
Property
- Age
- 31-50
- Lot Size
- 128.5 x 153.9 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Septic
Location & Legal
- Cross Street
- CLARKE RD TO HAMILTON RD
- Zoning
- CC SS1
- Parcel Number
- 081320028
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Automotive Related
Included
- Rental Items
- Hot water tank
Local market
Commercial in London East · last 12 months
- Median sold price
- $460,000
- Homes sold
- 1,315
- Median days on market
- 25
- Sale-to-list price
- 97.0%
Based on 1,315 recorded sales of commercial properties in London East over the last 12 months.
Listed by
CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,000 sq ft
- Price per sq ft
- $2,700.00
- Annual property tax
- $8,155
- Tax per sq ft
- $8.16
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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