FOR SALE
302 Egerton Street
7 Bedrooms3 Bathrooms1500-2000 Sq. Ft.Residential Freehold Property Type
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MLS® X12845686
302 Egerton Street, London East, ON N5Z 2G7
London East N5Z 2G7
$499,000
5+2
Beds
Beds
3
Baths
Baths
1500-2000 sq ft
Sq Ft
Sq Ft
Residential Freehold
Property Type
Property Type
- Property photo for MLS X12845686
- Property photo for MLS X12845686
- Property photo for MLS X12845686
- Property photo for MLS X12845686
About This Home
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.
Property Details
MLS® Number
X12845686
X12845686
Property Type
Residential Freehold
Residential Freehold
Bedrooms
5+2
5+2
Bathrooms
3
3
Living Area
1500-2000 sq ft
1500-2000 sq ft
List Price
$499,000
$499,000
LISTING BROKERAGECENTURY 21 FIRST CANADIAN CORP
MLS®X12845686
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