1172 Hamilton Road Unit 308, London East

Price: $155,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X12739284

Welcome to Unit 308 at 1172 Hamilton Road in London, a beautifully refreshed 2-bedroom, 1- bathroom condo offering comfort, practicality, and outstanding value. Recently painted and professionally cleaned, this move-in-ready unit is ideal for first-time buyers, those looking to downsize, or savvy investors. Welcome to Unit 308 at 1172 Hamilton Road in London, a beautifully refreshed 2-bedroom, 1- bathroom condo offering comfort, practicality, and outstanding value. Recently painted and professionally cleaned, this move-in-ready unit is ideal for first-time buyers, those looking to downsize, or savvy investors. Updated lighting throughout enhances the space with a warm, welcoming atmosphere. The open living and dining areas overlook mature trees, providing a calm and scenic backdrop, far removed from typical parking lot views. Step out onto the private balcony to enjoy a quiet morning coffee or unwind at the end of the day. With two well-sized bedrooms and a full bathroom, the layout offers flexibility whether you're living alone, sharing with a roommate, or starting out as a small family. Conveniently located just one short flight of stairs up and positioned as the first unit in the hallway, accessibility is a major plus. Low condo fees and minimal maintenance offer peace of mind, while excellent transit access with buses running along nearby major roads makes commuting a breeze. Situated in a well- established East London neighborhood, you're close to shopping, schools, parks, and everyday amenities. If you're searching for a clean, well-kept, and affordable 2-bedroom condo with great updates and a prime location, Unit 308 checks all the boxes. Schedule your showing today and see the value for yourself!

1172 Hamilton Road Unit 308 - Condo photo 1 of 11 in London East, Ontario
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$155,000 - 1172 Hamilton Road Unit 308, London East

Condo for Sale in London East

109 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
X12739284
Property Type
Condo
Status
active
Days on Site
109
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
London East
Locker
None
Exposure
North
Balcony
Enclosed
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Welcome to Unit 308 at 1172 Hamilton Road in London, a beautifully refreshed 2-bedroom, 1- bathroom condo offering comfort, practicality, and outstanding value. Recently painted and professionally cleaned, this move-in-ready unit is ideal for first-time buyers, those looking to downsize, or savvy investors. Welcome to Unit 308 at 1172 Hamilton Road in London, a beautifully refreshed 2-bedroom, 1- bathroom condo offering comfort, practicality, and outstanding value. Recently painted and professionally cleaned, this move-in-ready unit is ideal for first-time buyers, those looking to downsize, or savvy investors. Updated lighting throughout enhances the space with a warm, welcoming atmosphere. The open living and dining areas overlook mature trees, providing a calm and scenic backdrop, far removed from typical parking lot views. Step out onto the private balcony to enjoy a quiet morning coffee or unwind at the end of the day. With two well-sized bedrooms and a full bathroom, the layout offers flexibility whether you're living alone, sharing with a roommate, or starting out as a small family. Conveniently located just one short flight of stairs up and positioned as the first unit in the hallway, accessibility is a major plus. Low condo fees and minimal maintenance offer peace of mind, while excellent transit access with buses running along nearby major roads makes commuting a breeze. Situated in a well- established East London neighborhood, you're close to shopping, schools, parks, and everyday amenities. If you're searching for a clean, well-kept, and affordable 2-bedroom condo with great updates and a prime location, Unit 308 checks all the boxes. Schedule your showing today and see the value for yourself!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$795.23/mo

Includes CMHC insurance ($4,325)

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5-yr fixed avg.

Principal: $139,500Interest: $94,745
Mortgage Amount$143,825
Total Interest$94,745
Est. Property Tax$110/mo
Total Cost$238,569

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: London East

Discover London East

London East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in London East

  • Convenient location in London East
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

London East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1172 Hamilton Road Unit 308, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
12.9%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$110
Insurance (est.)-$32
Net Cash Flow+$1,668

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $258/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 109 days on site, this property has exceeded the typical selling timeline for London East. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    MLS# X12739284 — 1172 Hamilton Road Unit 308 | Battaglia Team