2047 Hamilton Road, London South

$899,900
2047 Hamilton Road

$899,900

New
8d
DetachedBungalow

2047 Hamilton Road, London South

Total Monthly Obligation $4,470

Beds
4
Baths
3
Park
8
Sqft
2000-2500
DOM
8d
Yield
1.9%
Cash on Cash
-16.3%
Cap Rate
1.1%
5Y IRR
3.0%
10Y IRR
5.0%
Property Type-Detached
MLS® Number-X14083964
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-200 × 450 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$5,582 (2025)
Parking-10 - Attached
Basement-Separate Entrance, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX GOLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Other
Foundation-Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-South U
Title-Residential Freehold

No agent assigned

Amazing Opportunity! Two acres within London city limits! This is a once in a lifetime opportunity to either buy an extravagant primary residence with over 2 acres or buy it and convert it to what suits you. This parcel of land has multiple uses permitted along with city of London working to provide Municipal services. This sprawling quality-built ranch is on a lovely tree-lined parcel with quick access to Veterans Memorial Parkway, the 401 and the airport! Zoned Urban Reserve 6 with lots of current uses and potential for development in the future as London grows! Great views through the quality newer windows throughout! High End 50year roof (approx.) has many more years of life. All principal rooms are huge! Two kitchens .Two cold cellars, Two gas fireplaces. Great layout with a bedroom wing on one side. Spacious master bedroom has a large walk-in closet in addition to the 3 piece ensuite bathroom and a lovely view of the backyard. Beautiful hardwood and tile floors in all finished areas of both levels other than main floor family room which has carpet. Main floor features a full 4-piecemain bathroom plus a 2 piece powder room in addition to the 3 piece ensuite. Newer stainless steel refrigerator and stove in main floor kitchen which also boasts 2 pantries. Extra bedroom in the lower level is currently set up as a TV room. It just needs a door added to the kitchen entrance. Oversized attached double garage (23 wide x 21 deep) plus direct access to the lower level (not included in measurement). Natural Gas is used as the home fuel (Furnace 2018) which is rare for a "country home". Owned hot water tank (2020). This quality built custom home on a2 acre parcel must be seen to be believed!

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Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,470/mo
Mortgage $3,630
Monthly Loss $3,515
Principal$955
Interest$2,675
Property Tax$465
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 2047 Hamilton Road

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