302 EGERTON STREET, London East (East M)

2025-09-03
 

Quick Summary

Location
302 EGERTON STREET, London East (East M), Ontario N5Z2G7
Price
$499,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1500 - 2000 sqft
Bedrooms:
5 bed +2
Bathrooms:
3

MLS®#X12377252

Property Description

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 was rented for $1,750/month inclusive, currently vacant. 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. (id:32467)

Property Features

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Water meter
  • Basement Features: Apartment in basement
  • Basement Type: Full
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 1500 - 2000 sqft
  • Building Type: Duplex
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: In-Law Suite

Land

  • Land Size: 33 x 100 FT
  • Sewer: Sanitary sewer

Zoning

  • Description: R2-2

Information entered by CENTURY 21 FIRST CANADIAN CORP
Listing information last updated on: 2025-10-28 00:24:19


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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What is the deal exactly, with One Percent?

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