1100 Hamilton Road, London East, ON N5W 1A6 – London East – $699,000

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Description

Discover exceptional value and endless possibilities in this well-maintained multi-unit property, ideal for investors, extended families, or anyone seeking income-generating potential. Located in a convenient area with municipal water, this property includes a main residence with two units plus a fully detached auxiliary building, all thoughtfully updated and cared for over the years. The main floor unit includes 2 spacious bedrooms, a bright bonus room perfect for a home office or den, and a full 4-piece bathroom, and a large basement. The windows (except bath) were updated in 2011. Upstairs, the 2nd unit features 1 bedroom and 2 dens that can be used for work, study, or guest space. It also includes a full 4-piece bathroom, kitchen, living room, and convenient in-unit stackable washer and dryer. The unit is accessed via a new upper deck and staircase. The detached auxiliary unit is completely self-contained with its own kitchen, full 4-piece bath, AC unit. It offers a great opportunity for rental income, a studio, or a private guest suite. Enjoy the huge backyard for family and entertaining, and there’s plenty of parking with the detached double garage & carport. The electrical system includes 3 separate hydro meters and 3 separate 100 Amp panels for each unit, plus a 60 Amp connection to the garage, which is tied to the main home. Other updates include the removal of knob & tub wiring, newer Furnace & AC (main), replaced shingles (main).

Property Details

• Bedrooms: 5
• Property Type: Residential Freehold
• List Price: $699,000
• Parking Spaces: 6
• Tax Year: 2024
• Annual Taxes: $3,791