view of front of property featuring brick siding and a front lawn Features: lawn More Photos

×

    For Sale - 302 Egerton Street, London East, Ontario

    Est payment $2,396/mo
    Get pre-qualified
    Views   2
    Time on Jump  29 day

    AI Summary *

    • All-brick duplex with current use as a triplex for investment benefits.
    • Potential annual income exceeds $60,000 with strong CAP rate over 10%.
    • Upper unit has 3 bedrooms; other units offer separate living spaces.
    • Each unit features private entrances and in-suite laundry for convenience.
    • Ample rear parking with energy-efficient tankless water heater for savings.




    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.
    Listing IDX12845686
    Address302 Egerton Street
    CityLondon East, Ontario
    Price$499,000
    Bed / Bath7 / 3 Full
    Style2-Storey, Duplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features In-Law Capability, In-Law Suite, Separate Hydro MeterOwnership FreeholdBasement Apartment, FullFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
    ASAP

    Sat

    4

    Apr

    Sun

    5

    Apr

    Mon

    6

    Apr

    Tue

    7

    Apr

    Wed

    8

    Apr

    Thu

    9

    Apr

    Fri

    10

    Apr

    Sat

    11

    Apr

    Sun

    12

    Apr

    Mon

    13

    Apr

    Tue

    14

    Apr

    Wed

    15

    Apr

    Thu

    16

    Apr

    Fri

    17

    Apr

    Sat

    18

    Apr

    Sun

    19

    Apr

    Mon

    20

    Apr

    Tue

    21

    Apr

    Wed

    22

    Apr

    Thu

    23

    Apr

    Fri

    24

    Apr

    Sat

    25

    Apr

    Sun

    26

    Apr

    Mon

    27

    Apr

    Tue

    28

    Apr

    Wed

    29

    Apr

    Thu

    30

    Apr

    Fri

    1

    May

    Sat

    2

    May

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  CENTURY 21 FIRST CANADIAN CORP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    632 Lauraleaf Crescent
    Barrhaven, Ontario.
    2 Beds | 2 Baths
    $499,000
    15 Viel Street
    Penetanguishene, Ontario.
    5 Beds | 2 Baths
    $659,900
    365 Talbot Street
    Aylmer, Ontario.
    3 Beds | 2 Baths
    $575,000
    28 Kilrea Way
    Brampton, Ontario.
    3 Beds | 3 Baths
    $849,900
    18 Kay Street
    Cambridge, Ontario.
    5 Beds | 2 Baths
    $648,000
    26 Jacquot Street
    Champlain, Ontario.
    3 Beds | 2 Baths
    $1,099,000
    32 Harvey Bunker Crescent
    Markham, Ontario.
    3 Beds | 4 Baths
    $999,000
    686078 Oxford Rd 2 Road
    Norwich, Ontario.
    2 Beds | 1 Baths
    $674,000
    343 Miller Park Avenue
    Bradford West Gwillimbury, …
    4 Beds | 4 Baths
    $899,000
    Loading...
    302 Egerton Street
    London East , Ontario
    7 3 $499,000
    Get more info