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 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.
Features of 302 Egerton Street
| MLS® # | X12377252 |
|---|---|
| Price | $499,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Square Footage | 1500-2000 |
| Type | Residential Freehold |
| Sub-Type | Duplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 302 Egerton Street |
|---|---|
| Area | Middlesex |
| Subdivision | East M |
| City | London East |
| Province | ON |
| Postal Code | N5Z 2G7 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Basement | Apartment, Full |
| Kitchens | 2 |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | CENTURY 21 FIRST CANADIAN CORP |
|---|