Unknown for 451 Hamilton Rd, London Ontario N5Z 1S2
48 days on Market

451 Hamilton Rd, London, Ontario N5Z 1S2

Townhouse
4 + 1
4
~2000-2500 sqft
$599,900
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Townhouse
4 + 1
4
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$269/sqft

Est. Mortgage$2,576/mo

Tax Amount (2024)$5,695/yr

Days On Market48 days


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!


Property Details

Style2-Storey
ViewClear
Age of property100+
SqFt~2000-2500 SqFt
Lot Size5,458 SqFt(132.2 x 41.29)
Parking Spaces5
MLS ®NumberX12034414
Community NameHamilton Road
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Cooling: Wall Unit
Basement: Finished, Unfinished

Main Floor

Kitchen

3.58 x 3.66

Br

4.1 x 3.98

Br

3.61 x 3.04

2nd Br

2.97 x 3.34


Features

Lot size: 5,458 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage
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Market Data - Hamilton Road

Geo Zone Map ThumbnailHamilton Road

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

82 days

Compared to

2024

14 days

2023

12 days

2022

0 day

New Listings

Past 30 days

4 listings

Compared to

2024

5 listings

2023

2 listings

2022

3 listings

Units sold

Past 30 days

1 unit

Compared to

2024

2 units

2023

2 units

2022

0 unit

Median Sold Price

Past 30 days

$490,000

Compared to

2024

$560,000

2023

$387,500


Population and Demographics

Overview

Total population 16968
Average household income $90,561

Age (%)

50 to 64
23%
20 to 34
22%
35 to 49
20%
0 to 19
20%
65 and plus
17%

Household composition (%)

Single family
58%
Single person
35%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
85%
Others
4%
Portuguese
3%
Spanish
2%
Polish
1%
French
1%
Italian
1%

House tenancy (%)

Owners
67%
Renters
33%

Schools and amenities

Estimated Budget