235 HAMILTON ROAD, London East (East L)
$769,900
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 11 bedrooms, 6 bathrooms
- Living area
- 5,000 sqft
- MLS®
- MLS® X13474468
- Neighbourhood
- East L
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 in-suite 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.
Sold data
Homes in East L — recent sold market
Homes in East L took a median of 20 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 53, across 54 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $399,900.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 24% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
- Median days to sell
- 21
- Median sale price
- $399,900
- Sale-to-list ratio
- 96.8%
- Sold above asking
- 24%
Based on 54 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London East (East L)
London East (East L) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
- Rated schools
- 116
- Elementary
- 97
- Secondary
- 19
- Average rating
- 5.5 / 10
Top-rated schools in London East (East L)
- John Dearness — elementary, LondonFraser rating 9.8/10
- St George — elementary, LondonFraser rating 9.1/10
- Jack Chambers — elementary, LondonFraser rating 8.8/10
- Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
- London Central — secondary, LondonFraser rating 8.7/10
- Ryerson — elementary, LondonFraser rating 8.7/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 235 HAMILTON ROAD
$649,900
Multiplex642,500–3,000 sqft153 HALE STREET, East O, London East
$624,900
Multiplex622,000–2,500 sqft56-58 FRANK STREET, Tillsonburg, Tillsonburg
$649,000
Multiplex732,000–2,500 sqft1905 WAVELL STREET, East H, London East
$824,900
Multiplex6+232,500–3,000 sqft196 EMERY STREET E, South F, London South
$669,000
Multiplex8+441,500–2,000 sqft434 SECOND STREET, East H, London East
$535,000
Multiplex5+22700–1,100 sqft321 SALISBURY STREET, East G, London East
$635,000
Multiplex5+441,500–2,000 sqft133 DUNDAS STREET W, Thamesford, Zorra
$588,888
Detached6+321,100–1,500 sqft711 VICTORIA STREET, East C, London East