235 Hamilton Rd, London, Ontario N5Z 1P9
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$922,000*
Price/Sqft$309/sqft
Days On Market53 days
Est. Mortgage$4,294/mth
Tax Amount (2024)$6,012/yr
Description
Legal Five-Unit Property Consisting Of Four Two-Bedroom Units And One Large Three-Bedroom Unit. Each Unit Has One Bath, Kitchen, And Its Own Private Laundry. Meticulously Updated. All Units Are Large In Size And Each Has Its Own Hydro Meter And Separate Entrance. Located In An Excellent Rental Area. Annual Income Projected At $95,340 Per Year. Unit #1 Rented At $1,550 + Hydro, Unit #2 Rented At $1,500 + Hydro, Unit #3 Advertised At $1,395 + Hydro, Unit #4 Advertised At $1,700 + Hydro, Unit #5 Rented At $1,900 + Hydro. Cap Rate Of 7.5%. An Amazing Investment Opportunity With Three Of Five Units Currently Tenanted. Property Management Is Processing Leads To Fill The Remaining Two Units. Expenses For Past 12 Months Approximately: $9,600 For Gas & Water, $3,312 For Property Management, $6,012 For Insurance, And Maintenance Estimated At 2% Of Gross Rent, $1,931. Total Expenses Are Estimated At $20,903 Annually. The Buyer And The Buyer's Agent Are Responsible For Verifying All Income And Expenses.
Property Details
Interior
Features
Exterior
Features
Property History
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-X8417200_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/itso/IMG-40597543_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/itso/IMG-40285743_1-256.webp)
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