About 281 Egerton Street
Fantastic investment opportunity with strong in-place cash flow and great tenants already secured. This up/down duplex is well-maintained and priced to reflect an attractive cap rate, making it a smart choice for investors seeking a turnkey addition to their portfolio. Formerly a triplex, the property is currently configured as two separate units with private entrances, separate hydro meters, shared laundry, and dedicated outdoor storage for each apartment. The main floor unit offers 9 ceilings, stainless steel appliances, and additional finished space in the basement including a rec room and denideal for tenant retention and rental value. The upper 1-bedroom unit is bright and welcoming, with solid income in place. Outside, theres parking for up to six vehicles and open space with potential to build a garage, offering further long-term value. Whether you're looking to grow your portfolio or enter the market with a reliable asset, this property delivers on both stability and upside.
Features of 281 Egerton Street
MLS® # | X12243385 |
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Price | $449,000 |
Bedrooms | 3 |
Bathrooms | 2.00 |
Square Footage | 1,100 |
Type | Residential Freehold |
Sub-Type | Duplex |
Style | 2-Storey |
Status | Active |
Community Information
Address | 281 Egerton Street |
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Area | Middlesex |
Subdivision | East L |
City | London East |
Province | ON |
Postal Code | N5Z 2H1 |
Amenities
Parking Spaces | 6 |
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Garages | None |
Is Waterfront | No |
Pool | None |
Interior
Heating | Forced Air |
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Cooling | None |
Fireplace | No |
Basement | Full, Separate Entrance |
Exterior
Exterior | Concrete Block |
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Listing Details
Office | COLDWELL BANKER THE REAL ESTATE CENTRE |
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