235 Hamilton Road, London, ON, N5Z 1P9

MLS® # 40597543

Investment For Sale In Hamilton Road, London, Ontario

$999,800

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235 Hamilton Road, London, ON, N5Z 1P9

$999,800

Property Information:

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 $96,540 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 Advertised At $2,000 + Hydro. Cap Rate Of 7.5%. An Amazing Investment Opportunity With Two Of Five Units Currently Tenanted. Property Management Is Processing Leads To Fill The Remaining Three 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.

Inclusions: Carbon Monoxide Detector,Smoke Detector,Other,5 Friges, 5 Stoves, 5 Range Hoods, 5 Washers, 5 Dryers, All Electrical Lights Fixtures

Exclusions : All Window Coverings & Tenants Belongings

Building Features:

Floor Space: 3668 Square Feet

Property Features:

Bedrooms: 11
Acres Range: < 0.5
Basement: Crawl Space, Unfinished
Built in: 1888
Construction Materials: Vinyl Siding
Cooling: None
Driveway Parking: None
Exterior Features: Separate Hydro Meters
Fencing: Full
Floor Space (approx): 3668 Square Feet
Heating: Forced Air, Natural Gas
Interior Features: Separate Hydro Meters
Laundry Features: In-Suite
Lot Features: Irregular Lot, Public Transit, Shopping Nearby
Lot Frontage: 39.34 Feet
Road Frontage Type: Public Road
Road Surface Type: Paved
Roof: Asphalt Shing
Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
Water Source: Municipal-Metered
Zoning: BDC(35) H13
Sewer: Sewer (Municipal)

Courtesy of: Rock Star Real Estate Inc., Brokerage

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

Market Price Trends

Location of 235 Hamilton Road, London, ON, N5Z 1P9

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

35 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 235 Hamilton Road , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past

31℃

2050

34.5℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 235 Hamilton Road , experiences 11 significant 2-day storms per year, with about 328.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.2mm of precipitation per year.

Precipitation Per Storm

Past

328.5mm

2050

404.2mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 235 Hamilton Road, London, ON, N5Z 1P9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$76,516.63

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.89 %

High school certificate or equivalent

35.1 %

Apprenticeship trade certificate/diploma

6.57 %

College/non-university certificate

18.88 %

University certificate (below bachelor)

0.57 %

University Degree

6.99 %

Commuter

Travel To Work

By Car

77.74 %

By Public Transit

13.06 %

By Walking

5.56 %

By Bicycle

0.0 %

By Other Methods

3.64 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.74 %

Houses

66.26 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 235 Hamilton Road, London, ON, N5Z 1P9

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 235 Hamilton Road, London, ON, N5Z 1P9

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

235 Hamilton Road, London, ON, N5Z 1P9

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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