About 302 Egerton Street
Fantastic investment opportunity in the heart of London - All brick Duplex is currently being used as a Triplex - Annual income of +$60,000 delivering a +10% CAP RATE! The upper unit features 3 bedrooms and 1 bath, rented at $1,800/month to month plus hydro. The main floor 2-bedroom, 1-bath is rented for $1,750/month inclusive till August 30/26. The lower level offers a 2-bedroom, 1-bath unit currently rented at $1,550/month inclusive month to month. A great choice for first-time investors or those looking to expand their portfolio, don't miss out! Each unit has its own private entrance and in-suite laundry, plus there are two hydro meters, one furnace, ample rear parking, and a tankless water heater for added energy efficiency. Please note: listing photos were taken when units were vacant.
Features of 302 Egerton Street
MLS® # | X12377252 |
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Price | $499,000 |
Bedrooms | 5 |
Bathrooms | 3.00 |
Square Footage | 1,500 |
Type | Residential Freehold |
Sub-Type | Duplex |
Style | 2-Storey |
Status | Active |
Community Information
Address | 302 Egerton Street |
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Area | Middlesex |
Subdivision | East M |
City | London East |
Province | ON |
Postal Code | N5Z 2G7 |
Amenities
Parking Spaces | 4 |
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Garages | None |
Is Waterfront | No |
Pool | None |
Interior
Heating | Forced Air |
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Cooling | Central Air |
Fireplace | No |
Basement | Apartment, Full |
Exterior
Exterior | Brick |
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Listing Details
Office | CENTURY 21 FIRST CANADIAN CORP |
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