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:24093)

"Based on information submitted to CREA as of March 25, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

Sidebar Fav/

Property Details of 917 Hamilton Road

Property Details

Basic Information

Property

Location

Utilities and Appliances

Utilities and Appliances

Map Location

Never Miss New Listings

Success!

Hi there! How can we help you?

Sidebar Fav/

Success!

Hi there! How can we help you?

Property Details of 917 Hamilton Road

Property Details

Basic Information

Property

Location

Utilities and Appliances

Utilities and Appliances

Map Location

Never Miss New Listings

Success!

Hi there! How can we help you?

Success!

Hi there! How can we help you?

Success!

Hi there! How can we help you?