302 Egerton Street, London East, ON Image 1

$499,000

Duplex For Sale
MLS - #X12173146
Jun 4- By CENTURY 21 FIRST CANADIAN CORP

302 Egerton Street, London East, ON N5Z 2G7

7 Bed
3 Bath
1500-2000 Sqft.
None Garage

Property Description

Property type

Duplex

Lot size

N/A

Style

2-Storey

Approx. Area

1500-2000 Sqft

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 10.8% CAP RATE! The upper unit features 3 bedrooms and 1 bath, rented at $1,800/month plus hydro. The main floor 2- bedroom, 1-bath unit was rented for $1,650/month inclusive and is now VACANT a perfect opportunity for an owner-occupier or to place new tenants at market rent. The lower level offers a well-kept 2-bedroom, 1-bath unit currently rented at$1,550/month inclusive. 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, ample rear parking, and a tankless water heater for added energy efficiency. Please note: listing photos were taken when units were vacant.

Home Overview

Last updated

Jun 4

Virtual tour

None

Basement information

Apartment, Full

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Apartment, Full
Cooling:Central Air
Heating:Forced Air
Parking Features:Private
2
Similar Homes Found
$789,450
Average Price
-36.8%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 302 Egerton Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$1905.84/ month

Some information about this property - Egerton Street

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