$499,000

302 Egerton St, London East, N5Z 2G7

5 Beds
Baths

3

4 Parking

1,500-2,000 sqft

Home Overview

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.
53 days
On Market
Duplex
Property Type
$2,180 / Year
Est. Taxes
$0 / Month
Maint. Fees
-
Locker
-
Year Built

Location & Areas

Commute

302 Egerton St, London East, N5Z 2G7

Home Details

Building Amenities:: -
Pets:: -

Instant Estimate

$485,437

-$13,563 below list price

Upper range
$554,607
Mid range
$485,437
Lower range
$416,268

Property History

Schools nearby

Listing Brokerage

MLS® Listing: X12845686
Brokerage: CENTURY 21 FIRST CANADIAN CORP

CENTURY 21 FIRST CANADIAN CORP - Disclaimer: The information contained in this listing has not been verified by CENTURY 21 FIRST CANADIAN CORP and should be verified by the buyer.

Data is deemed reliable but not guaranteed accurate by TRREB.