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Price on request
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Asset Class
Multifamily
Size
—
Building class
C
Zoning
RA8 — Medium Rise
$ / SF
—
Occupancy
94%
One Bedroom + Den Available at 229 Hamilton Road, London, ON. This lower-floor apartment features one bedroom, a den that could be used as a second bedroom, and one bathroom. Available for December 1, 2026, the unit is offered at a discounted rent of $1,162/month plus hydro, with a lawful rent of $1,395/month plus hydro. Heat and water are included in the rent, while hydro is the tenant's responsibility. The apartment is pet-friendly, includes one parking space at no additional cost, and offers coin-operated laundry facilities in the building. A one-year lease agreement is required, and tenancy will continue at the lawful rental rate after the initial lease term in accordance with applicable regulations. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$81K
Annual cash flow
$-2K
Cash-on-cash
-0.40%
DSCR
0.98
Going-in cap
5.42%
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
77,031
Households
29,860
Median income
$114,000
Median age
37
Daytime population
101,173
5-yr growth
1.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 6 - 229 HAMILTON ROAD, London East (East E).
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.