239 Hamilton Road No longer available

London, East L, N5Z 1P9

$519,900

Description

Listed by KELLER WILLIAMS LIFESTYLES.

Location, Location, Location! This established Mixed-Use Building offers a multitude of possibilities for the astute investor. Located in a high traffic area for businesses, this property is ready for your vision to become reality! The Residential Units will be vacant upon possession providing the opportunity to set Market Rents. The Main Floor features the large Commercial Space, currently hosting a crafting business (also for sale, MLS# X8410964), yet with some renovations , the back of the current Commercial Space could be converted back into a Residential Unit as well. The Second Floor holds two Residential Units - one 2 bedroom, and one 1 bedroom; both Second Floor Units will be vacant, meaning Market Rent can be established! There is also a separate building at the back of the property that has been used as a 1 bedroom Residential unit. This property presents an excellent opportunity for both new and experienced investors, with zoning that allows for a multitude of possibilities for this space. Projected Income: $5900-7300/month - wow! Don't miss this opportunity - book a showing today!

Location

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  • Address: 239 Hamilton Road
  • Neighborhood: East L
  • City: London
  • State: Ontario
  • Postal Code: N5Z 1P9

Property Details

  • Property ID: X8409690
  • Property Price: $519,900
  • Style: Store W/Apt/Office, 2-Storey
  • Sq/Ft: 3500-5000
  • Rooms: 18
  • Bedrooms: 4
  • Bath: 5
  • A/C: Window Unit
  • Basement: Unfinished
  • Central Vac.: N
  • Den: N
  • Elevator: N
  • Exterior: Brick, Stucco/Plaster
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $4,628.61 (2023)
  • Acreage: < .50 Acres
  • Lot: 81.08x49.56 (Feet)

Room details and dimensions

Statistics for similar Store W/Apt/Office homes in East L

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Store W/Apt/Office homes in East L

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Store W/Apt/Office homes in East L

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100