281 Egerton Street, London East, ON

$449,000

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3

Beds

2

Baths

1,100

Square feet

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
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
Area Middlesex
Subdivision East L
City London East
Province ON
Postal Code N5Z 2H1

Amenities

Parking Spaces 6
Garages None
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling None
Fireplace No
Basement Full, Separate Entrance

Exterior

Exterior Concrete Block

Listing Details

OfficeCOLDWELL BANKER THE REAL ESTATE CENTRE

Listing Map

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