338 HAMILTON ROAD, London East (East L)
$549,900
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 3 bedrooms, 3 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X13738184
- Neighbourhood
- East L
Welcome to 338 Hamilton Road! A fantastic opportunity to own a 2-storey triplex featuring three separate units, offering excellent potential for both investors and first-time home buyers. This property provides the flexibility to generate rental income from multiple units while building long-term equity. Ideal for an investor looking to expand their portfolio or an owner-occupant looking to live in one unit while benefiting from potential rental income from the others. Conveniently located close to everyday amenities, shopping, schools, public transit and major routes. Don't miss this great income-producing opportunity! "VIRTUALLY STAGED PICTURES".
Sold data
Multiplex homes in London East (East L) — recent sold market
Multiplex homes in London East (East L) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 78, across 124 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 113 days.
The median sale price was $599,900.
Homes sold for about 3.9% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
- Median days to sell
- 40
- Median sale price
- $599,900
- Sale-to-list ratio
- 96.1%
- Sold above asking
- 13%
Based on 124 recorded sales in the last 1 year. 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
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$549,900
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