1176 Hamilton Road Unit 107, London East

Price: $114,900

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X13060342

Well-priced 2-bedroom condominium located on the first floor, offering convenient access and a practical layout, ideal for investors or buyers looking to renovate and add value. The unit features a covered balcony overlooking green space, providing a quiet outdoor area to relax and enjoy. Situated in a highly convenient East London neighborhood close to Highway 401, Veterans Memorial Parkway, East Park Golf Course & Water Park, schools, shopping, and public transit, this property offers excellent connectivity and everyday convenience. great opportunity tosecure an affordable investment with strong long-term potential in a well-established and accessible area of the city.

1176 Hamilton Road Unit 107 - Condo photo 1 of 1 in London East, Ontario
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$114,900 - 1176 Hamilton Road Unit 107, London East

Condo for Sale in London East

Popular Listing
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
X13060342
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
London East
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE FLOWER CITY REALTY
Description

Well-priced 2-bedroom condominium located on the first floor, offering convenient access and a practical layout, ideal for investors or buyers looking to renovate and add value. The unit features a covered balcony overlooking green space, providing a quiet outdoor area to relax and enjoy. Situated in a highly convenient East London neighborhood close to Highway 401, Veterans Memorial Parkway, East Park Golf Course & Water Park, schools, shopping, and public transit, this property offers excellent connectivity and everyday convenience. great opportunity tosecure an affordable investment with strong long-term potential in a well-established and accessible area of the city.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$589.50/mo

Includes CMHC insurance ($3,206)

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5-yr fixed avg.

Principal: $103,410Interest: $70,233
Mortgage Amount$106,616
Total Interest$70,233
Est. Property Tax$81/mo
Total Cost$176,849

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

1176 Hamilton Road Unit 107, 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)
17.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$81
Insurance (est.)-$24
Net Cash Flow+$1,705

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 $192/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.

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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    1176 Hamilton Road Unit 107, London East | $114,900 | Battaglia Team