302 EGERTON STREET

London East (East M), , N5Z2G7, Canada

$499,000

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.

Last updated on : Wednesday 4th of June 2025 08:41:04 PM

ADDRESS

Street : 302 EGERTON STREET

City : London East (East M)

Country : Canada

Postal Code : N5Z2G7

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PROPERTY SUMMARY

Property ID : X12173146

Building Type : Duplex

Property Type : Multi-family

Bedrooms : 7

Bathrooms : 3

Parking : 4

Parking Type: No Garage

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