$549,000
Available - For Sale
Listing ID: X12108374
302 Egerton Stre , London East, N5Z 2G7, Middlesex
| Welcome to 302 Egerton Street in London, Ontario; an excellent opportunity for first-time investors or a great addition to any growing portfolio. This full-brick legal duplex with a bonus third unit features separate entrances, in-unit laundry in all units, ample rear parking, two separate hydro meters and a tankless water heater for added efficiency. Fully tenanted, the property generates a net income of $26,754 annually, offering a 5% cap rate based on current income. The upper unit is a spacious 3-bedroom, 1-bath, rented for $1,800/month plus hydro. The main floor 2-bedroom, 1-bath unit brings in $1,600/month inclusive and will be vacant as of May 15, 2025 - ideal for owner-occupiers or new tenants at market rent. The lower level features a well-maintained 2-bedroom, 1-bath unit currently rented for $1,550/month inclusive. Dont wait - book your showing today! Photos show the property when vacant. |
| Price | $549,000 |
| Taxes: | $2045.00 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 302 Egerton Stre , London East, N5Z 2G7, Middlesex |
| Directions/Cross Streets: | Trafalgar |
| Rooms: | 10 |
| Rooms +: | 3 |
| Bedrooms: | 5 |
| Bedrooms +: | 2 |
| Family Room: | F |
| Basement: | Apartment, Full |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 4 | |
| Washroom Type 3 | 4 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Duplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 FIRST CANADIAN CORP |
|
|
Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East M |
| Style: | 2-Storey |
| Tax: | $2,045 |
| Beds: | 5+2 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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