917 Hamilton Road London, Ontario N5Z 1W3
15000
None
Hot Water Radiator Heat
$3,900,000
Prime 20-unit apartment building available for sale in London ON. This property offers a desirable unit mix consisting of 7 2-bedroom, 12 1-bedroom, and one bachelor unit. According to 2021 census data, London has become Ontario’s fastest growing city. Rising interest rates have slowed the residential resale market, but only further fuelled red hot demand in the rental market. A survey of nearby rental listings shows, relative to the current rent roll, estimated 81% upside to market rents. The property is strategically located near the intersection of Highbury Road and Hamilton Road offering direct access to transit to/from Fanshawe College and downtown. With functional unit layouts, solid construction, and a convenient location these building checks all the boxes for the ideal long term investment. (id:34868)
Property Details
| MLS® Number | 40339680 |
| Property Type | Multi-family |
| Amenities Near By | Playground, Schools, Shopping |
| Features | Corner Site, Laundry- Coin Operated |
| Parking Space Total | 8 |
Building
| Basement Type | None |
| Constructed Date | 1956 |
| Construction Material | Concrete Block, Concrete Walls |
| Construction Style Attachment | Semi-detached |
| Cooling Type | None |
| Exterior Finish | Brick, Concrete, Steel |
| Fire Protection | None |
| Foundation Type | Block |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 3 |
| Size Interior | 15000 |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access, Highway Nearby |
| Acreage | No |
| Land Amenities | Playground, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 88 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rbdc (35) H13 |
https://www.realtor.ca/real-estate/24995425/917-hamilton-road-london
Interested?
Contact us for more information
Rick Pritchard
Broker
Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
519-381-3499
Janelle Pritchard
Sales Representative -
Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
519-381-3499
Denise Mann
Sales Representative -
https://onesmartmove.ca
Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
519-381-3499
Phillip Hallman
Broker -
https://onesmartmove.ca/
Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
519-381-3499
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October 21 2022 06:59:34
London and St. Thomas Association of REALTORS®
Exp Realty