266 Hamilton Road, London East

$219,900
266 Hamilton Road

$219,900

New
53d
Duplex1 1/2 Storey

266 Hamilton Road, London East

Total Monthly Obligation $1,486

Beds
5
Baths
2
Park
2
Sqft
1500-2000
DOM
53d
Score
84
Yield
19.1%
Cash on Cash
56.0%
Cap Rate
16.6%
5Y IRR
63.7%
10Y IRR
60.0%
Property Type-Duplex
MLS® Number-X13728396
Beds-5
Bathrooms-2
Size-1500-2000 sqft
Lot Size-41.58 × 120 ft
Listed on site-Aug 31, 2026
Style-1 1/2 Storey
Building Type-Duplex
Age-100+
Taxes-$2,682 (2026)
Parking-2 - None
Basement-Partial Basement
Heating-Forced Air (Gas)
Brokerage-RE/MAX Tri-County Realty Inc Brokerage
Cooling-Central Air, None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Shingles
Foundation-Other
Sewer-Sewer
Possession-Immediate
Neighbourhood-East E
Title-Residential Freehold

No agent assigned

Duplex Investment Opportunity - Build Sweat Equity! Looking to build some sweat equity? Here is a great investment opportunity with plenty of potential. This duplex is fully licensed with the City of London and features a spacious 4-bedroom main-floor unit along with a 2-bedroom upper unit. Both units are currently vacant, making this an ideal time for a handyman or investor to complete upgrades and improvements without having to work around tenants.The property offers separate hydro meters and separate entrances for each unit, along with forced-air gas heating and central air conditioning. The convenient location is close to many amenities, with a Tim Hortons located directly across the road. Whether you're looking to add value through renovations, invest in a multi-unit property, or build equity with some improvements, this property is worth a look. Bring your vision and make this duplex your next project!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$175,920
Land Transfer Taxes$1,924
Legal Fees (Est.)
$
Total cash required for closing$47,404

Total Monthly Obligation

$1,486/mo
Mortgage $887
Monthly Loss $1,252
Principal$233
Interest$654
Property Tax$224
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
13.9%98
Cash-on-Cash
42.2%100
5-Year IRR
51.9%100
10-Year IRR
48.6%
Returns Index
99.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
84/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$42,000/yr
NOI
$30,618/yr
Net Cash Flow
$1,664/mo
Cash Margin
47.6%100
Cash Flow Index
99.9/ 100
Risk Profile
Weight: 20%
DSCR
2.88100
LTV Ratio
80.0%18
Vacancy Buffer
6.0 mo92
Risk Index
70.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 266 Hamilton Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.