- Bedrooms
- 8+3
- Bathrooms
- 6
- Size
- 3,500–5,000sq ft
- Per sq ft
- $181at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $6,0122025 tax year
- Built
- 100+
- Parking
- 0none
- Days on market
- Members
The brief
About 235 Hamilton Rd
235 Hamilton Rd is an 8+3-bedroom, 6-bathroom multiplex in East L, London East, listed for sale at an asking price of $769,900 (MLS® X13474468).
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.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $6,012 / 2025
- MLS® number
- X13474468
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Building Age
- 100+
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 39.34 x 108.26 ft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- East L
- Municipality
- London East
Building
- Size
- 3500-5000 sqft
- Building Age
- 100+
- Construction
- Brick
Inside
- Bedrooms
- 8+3
- Bathrooms
- 6
- Bathroom Details
- 3 × 4pc Main, 3 × 4pc 2nd
- Basement Type
- Partial Basement
- Kitchens
- 5
Parking
- Driveway
- None
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 39.34 ft
- Depth
- 108.26 ft
- Lot Size
- 39.34 x 108.26 ft
Additional
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 235 Hamilton Rd, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $769,900 | N/A | For Sale | X13474468 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $153,980
- Total mortgage amount
- $615,920
- Total interest payment
- $437,980
- Total purchase cost
- $1,207,880
- Mortgage payment
- $3,513/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$4,014- Rent $0
- Shortfall $4,014
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $11,873
- Total land transfer tax
- $11,873
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $7,873
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $769,900
- $7,398
- Ontario total
- $11,873
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The market
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Aberdeen Public SchoolThames Valley DSB | Public · grades JK–8 | 200 m | 56%Grade 6 average |
| St. John French Immersion SchoolLondon District Catholic School Board | Catholic · grades JK–8 · French Immersion | 600 m | 83%Grade 6 average |
| Trafalgar Public SchoolThames Valley DSB | Public · grades JK–8 | 1.2 km | 35%Grade 6 average |
| Académie de la TamiseConseil scolaire Viamonde | French-language public · grades JK–6 | 2.6 km | 92%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| B Davison Secondary School Secondary SchoolThames Valley DSB | Public · grades 9–12 | 750 m | — |
| H B Beal Secondary SchoolThames Valley DSB | Public · grades 9–12 | 850 m | 56%Grade 9 math |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 1.2 km | 57%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 3.8 km | 57%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in East L are shown to signed-in members.