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797 HAMILTON Road, London — listed at $399,999. Earn buyer cashback at closing. No catches, just more money in your pocket.
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! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 9'11'' x 19'3'' |
| Utility room | Lower level | 11'0'' x 18'5'' |
| 4pc Bathroom | Lower level | 8'11'' x 4'11'' |
| Den | Lower level | 9'0'' x 10'8'' |
| Kitchen | Lower level | 5'3'' x 13'0'' |
| Recreation room | Lower level | 12'7'' x 11'5'' |
| 4pc Bathroom | Second level | 9'4'' x 6'8'' |
| Bedroom | Second level | 12'0'' x 12'0'' |
| Bedroom | Second level | 7'0'' x 11'4'' |
| 4pc Bathroom | Main level | 12'7'' x 7'5'' |
| Bedroom | Main level | 9'8'' x 15'3'' |
| Bedroom | Main level | 8'8'' x 11'4'' |
| Kitchen | Main level | 11'5'' x 10'3'' |
| Dining room | Main level | 11'0'' x 8'1'' |
| Living room | Main level | 10'7'' x 11'4'' |
This home was built in 1915 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,453, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 2 spaces.
Does it have a basement, and is it finished?+
Yes — Partially finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Is this a good starter home?+
At $399,999, this is priced in starter-home territory for London. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
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