797 Hamilton Road, London East

$399,900
797 Hamilton Road

$399,900

New
22d
Duplex1 1/2 Storey

797 Hamilton Road, London East

Total Monthly Obligation $2,276

HausQ Valuation Report
Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
22d
Score
28
Yield
7.3%
Cash on Cash
5.9%
Cap Rate
5.8%
5Y IRR
20.3%
10Y IRR
18.5%
Property Type-Duplex
MLS® Number-X13850488
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-33 × 100 ft
Listed on site-Oct 1, 2026
Style-1 1/2 Storey
Building Type-Duplex
Taxes-$3,453 (2025)
Parking-2 - None
Basement-Finished, Walk-Up, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-Hewitt Jancsar Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-60 days - tenants
Neighbourhood-East M
Title-Residential Freehold

No agent assigned

Looking for a project with real upside? 797 Hamilton Road is a duplex with a bonus in-law suite, giving you three units in total, with AC2 Zoning (Arterial Commercial). It's ready for a buyer who can see past a little wear and tear. Three separate entrances, one for each unit, open up plenty of options, whether that's rental income, space for extended family, or a small business setup that the commercial zoning allows. You'll also find parking at both the front and rear, plus a covered deck. Recent updates include all cast iron pipe replaced with PVC, a new lift pump, and a furnace and AC that come with a warranty. The second floor has fresh paint and new carpet, and the basement unit has an updated bathroom. Three fridges, three stoves, and a washer and dryer are included, so each unit is equipped from day one. The location is ideal, with Highway 401 access, shopping, schools, parks, churches, and restaurants all just minutes away. If you're handy, an investor, or someone who loves a good value-add opportunity, this one is worth a look. Bring your ideas, potential awaits!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,276/mo
Mortgage $1,613
Monthly Loss $1,851
Principal$424
Interest$1,189
Property Tax$288
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.2%6
5-Year IRR
14.8%70
10-Year IRR
14.5%
Returns Index
37.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 100
Avoid•Pass

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,220/yr
NOI
$18,345/yr
Net Cash Flow
-$84/mo
Cash Margin
-3.5%2
Cash Flow Index
2.4/ 100
Risk Profile
Weight: 20%
DSCR
0.9523
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
37.7/ 100

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

Comparables

Properties near 797 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.