
















































1/50298 HYMAN STREET, London East (East F), ON N6B2G7
$1.6M total
—
Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
—
Occupancy
88%
Exceptional investment opportunity in the heart of downtown, just steps from Victoria Park. This beautifully renovated multi-unit property offers six well-maintained units, including a stunning owner-occupied live-in suite designed with comfort and style in mind. Perfect for investors or owner-operators looking to enjoy downtown living while generating strong rental income. The property showcases quality updates throughout, blending character and charm with modern finishes. The live-in unit has been thoughtfully designed with spacious living areas, upgraded kitchen and bath features, and direct access to an incredible private outdoor retreat. Enjoy entertaining in the outdoor kitchen area or relaxing on the secluded patio space. Additional highlights include a detached garage which currently houses parking for one car work shop and storage, ample outdoor living space, and excellent curb appeal. Located in the vibrant core area, tenants and owners alike will appreciate being within walking distance to restaurants, entertainment, parks, transit, and all downtown amenities. A rare opportunity to own a turnkey multi-unit property in one of the city's most desirable central locations. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$8K
Projected NOI
$52K
Annual cash flow
$-39K
Cash-on-cash
-7.90%
DSCR
0.57
Going-in cap
3.17%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
96,282
Households
40,740
Median income
$100,000
Median age
31.3
Daytime population
101,537
5-yr growth
3.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 298 HYMAN STREET, London East (East F).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.