1099 Hamilton Rd 4 Unit Apartment Building $949,000 CAD ($237,250 CAD/Unit) 5.80% Cap Rate London, ON N5W 1A7
INVESTMENT HIGHLIGHTS
- Nearby Amenities
- Nice maintained building
- Nearby Highway exposure
EXECUTIVE SUMMARY
A 4-unit Residential Rental Income property in very good condition Situated on a Huge A 5.8 % Cap rate.1/3 of an Acre property. The Property has a City of London Rental License Call Listing Broker For A Income Statement.
PROPERTY FACTS
| Price | $949,000 CAD |
| Price Per Unit | $237,250 CAD |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 3,000 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 2/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Instant Hot Water
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 2 | - | - |
1 of 1
ZONING
| Zoning Code | R1-6 (Residential (Legal Fourplex)) |
