1344 Hamilton Road, London East, ON N5N 5W9, London East, ON
1000.0 sqft
Fantastic opportunity, approximately $50k annual Net income, an approximate 5 Cap rate, variety store and gas bar on long term lease, with rental bumps, 3 bedroom home rented to a long term tenant, willing to stay, and a car dealership on a busy intersection, in a rapidly expanding neighborhood. Property is official plan designated for medium density residential, hold property for the income, then redevelop! Very high potential, lots of parking.
Property Highlights
For Sale
MLS NO.
X12899968
Type
Commercial
Sub Type
Commercial Retail
Square Footage
1000.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Commercial Retail
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12899968
Security Features
No
Lot Width
128.5
Lot Size
0.537
Lot Size Units
Acres
Garage Type
None
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
1344 Hamilton Road, London East, ON N5N 5W9
City
London East
Neighbourhood
East Q
County / Region
Middlesex
Province / State
ON
Postal Code
N5N 5W9
Cross Street
CLARKE RD TO HAMILTON RD
Directions
CLARKE RD TO HAMILTON RD
Country
CA
List Price
$2,700,000
Annual Taxes
$8,155
Tax Year
2025
Legal Description
PART LOT 4 CONCESSION A AS IN 765335 LONDON/LONDON TOWNSHIP
Possession Type
Flexible
Listing Office
CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.
Board
London and St. Thomas Association of REALTORS
Original Entry
2026-03-19T16:03:35Z
Media Updated
2026-03-19T16:03:36Z
Photos Updated
2026-03-19T16:03:36Z
Last Modified
2026-05-22T11:36:39Z
System Modified
2026-05-22T11:36:39.706793Z
MLS Status
New
Basement Yn
Yes
Co List Office Name
CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.
Ddfyn
Yes
Expiration Date
2026-08-26
Heat Type Multi
Gas Forced Air Closed
Hstapplication
Not Subject to HST
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
081320028
Public Remarks
Fantastic opportunity, approximately $50k annual Net income, an approximate 5 Cap rate, variety store and gas bar on long term lease, with rental bumps, 3 bedroom home rented to a long term tenant, willing to stay, and a car dealership on a busy intersection, in a rapidly expanding neighborhood. Property is official plan designated for medium density residential, hold property for the income, then redevelop! Very high potential, lots of parking.