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413 Hamilton Road

413 Hamilton Road

London East, ON

  • 2,426 sqft
  • Store W Apt/Office
  • 105 days on market
$425,000

Excellent mixed-use investment opportunity in a high-traffic location near Hamilton Road, with convenient access to downtown and Highway 401. The main floor commercial space is occupied by a long-term tenant of over 5 years, currently on a month-to-month basis. The vacant upper residential apartment features 2 bedrooms, 1 bathroom, a kitchen, living room, and a separate entrance from the main floor. Recent updates include an owned hot water heater in 2024 and a new air-conditioning unit in 2025. Zoning permits a broad range of commercial and residential uses, including retail, personal services, offices, and restaurants. With approximately 2,400 sq. ft. of total above-ground space and projected monthly income potential of over $4,500, this property offers strong income and value-add potential. The upper apartment may require renovations. Property is being sold in "as is, where is" condition with no warranties or representations.

Listing Details

Taxes (2025)
$7,250
Listed
June 2, 2026

Price History

Listing history

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Property

Age
51-99
Lot Size
32.67 x 69.9 Feet

Parking

Garage
None

Location & Legal

Cross Street
Hamilton Rd & Rectory St
Zoning
AC4X AC
Parcel Number
083320098
Possession
Flexible
Occupancy
Tenant

Commercial

Office / Apartment Area
1093 Sq Ft

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

Commercial in London East · last 12 months

Median sold price
$462,500
Homes sold
1,329
Median days on market
25
Sale-to-list price
97.0%

Based on 1,329 recorded sales of commercial properties in London East over the last 12 months.

Listed by

RIGHT AT HOME REALTY

Walk Score

69

Walk

48

Transit

74

Bike

Scores by Walk Score®

Commercial figures

Building area
2,426 sq ft
Price per sq ft
$175.19
Annual property tax
$7,250
Tax per sq ft
$2.99

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions The main floor commercial space is occupied by a long-term tenant of over 5 years, currently on a month-to-month basis.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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