ON > London > East L
London, ON N5Z 1S2,451 Hamilton RD
London, ON N5Z 1S2,451 Hamilton RD
London, ON N5Z 1S2,451 Hamilton RD
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$599,900
Est. payment /mo
5 Beds
4 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision East L

MLS Listing ID X12034414

Style 2-Storey

Bedrooms 5

Building Age 100+

Annual Tax Amount $5,695

Tax Year 2024

Property Sub-Type Fourplex

Lot Depth 132.2

Lot Front 41.29

Appx SqFt 2000-2500

Property Description

OWNER Must Sell! The current owner has taken this property as far as they can and has architectural plans available to show exactly how to increase income, creating a prime opportunity for the next investor. This fully leased 4-unit income property with 5 parking spots is currently generating $5,350/month in rent plus an additional $100/month from parking. With five on-site parking spaces, this property brings in extra income, adding to its strong cash flow potential. Featuring a spacious 2-bedroom unit, two bachelor apartments, and a 1-bedroom unit, this property offers immediate returns with strong rental demand. With recent upgrades already boosting value, the next owner can capitalize on pre-planned opportunities for higher returns, and the seller is available to discuss whats needed to unlock the full potential of this investment. Located in a thriving area with easy access to parks, schools, shopping, and public transit, this property is well-positioned for long-term growth and tenant demand. Income details, lease agreements, and upgrade lists are available upon request. Don't miss out on this rare opportunity. Reach out today!

Location

Province ON

County Middlesex

Community East L

Area Middlesex

Zoning BDC(36), H13

Rooms

Family Room No

Basement Finished, Unfinished

Kitchen 4

Separate Den/Office 1

Interior

Interior Features Water Heater Owned

Cooling Wall Unit(s)

Fireplaces Type Electric, Freestanding

Inclusions Each unit includes 1 refrigerator and 1 stove.

Exterior

Parking Features Private

Pool None

View Clear

Roof Type Asphalt Shingle,Metal

Lot Frontage 41.29

Lot Depth 132.2

Total Parking Spaces 5

Building

Foundation Concrete Block

Others

Senior Community No

ParcelsYN No

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Listed by CENTURY 21 FIRST CANADIAN CORP

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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