302 Egerton Street
$499,000
Annual taxes: $2,180 (2025)
7
Bedrooms
3
Bathrooms
1500-2000
Sqft
—
Year Built
Property Overview
MLS®
X12845686
Status
Active
Property Type
Residential Freehold
Property Sub-Type
Duplex
List Price
$499,000
Taxes
$2,180 (2025)
Square Footage
1500-2000
Bedrooms
7
Bathrooms
3
Parking
4 spaces
Basement
Apartment, Full
Cooling
Central Air
Sewer
Sewer
Style
2-Storey
City
London East
Postal Code
N5Z 2G7
Property 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.
Property Features
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Estimated Monthly
$2,449
Estimate only. Excludes property tax, insurance, condo fees, and CMHC premium. Speak to a mortgage professional for an exact figure.
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Data via TRREB / AMPRE IDX
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