Property Details
917 HAMILTON Road, London, Ontario, N5Z1W3
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas*
Cell: 519-630-6786
Tel: 519-633-1000
$3,900,000 - For sale
Prime 20-unit apartment building available for sale in London ON. This property offers a desirable unit mix consisting of 7 2-bedroom, 12 1-bedroom, and one bachelor unit. According to 2021 census data, London has become Ontario's fastest growing city. Rising interest rates have slowed the residential resale market, but only further fuelled red hot demand in the rental market. A survey of nearby rental listings shows, relative to the current rent roll, estimated 81% upside to market rents. The property is strategically located near the intersection of Highbury Road and Hamilton Road offering direct access to transit to/from Fanshawe College and downtown. With functional unit layouts, solid construction, and a convenient location these building checks all the boxes for the ideal long term investment. (id:2471)
Location DescriptionFrom Highbury, turn West onto Hamilton, then South onto Elgin Street - property access off of Elgin and Highbury.
- Property Address:917 HAMILTON Road, London, Ontario, N5Z1W3
- Property Type:Multi-family
- Title:Freehold
- Acreage:under 1/2 acre
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Access:Highway access, Highway Nearby
- Parking Space Total:8
- Building Age:1956
- Floor Space:15000
- Heating Type:Hot water radiator heat
- Style:Semi-detached
- Storeys:3
- Basement Type:None
- Foundation Type:Block
- Cooling Type:None
- Exterior Type:Brick, Concrete, Steel
- Amenities Nearby:Playground, Schools, Shopping
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas*
Cell: 519-630-6786
Tel: 519-633-1000
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- Map 917 HAMILTON Road, London, Ontario, N5Z1W3
- Neighbourhood Information
917 HAMILTON Road, London, Ontario, N5Z1W3
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