281 EGERTON STREET

London East (East L), , N5Z2H1, Canada

$449,000

Fantastic investment opportunity with strong in-place cash flow and great tenants already secured. This up/down duplex is well-maintained and priced to reflect an attractive cap rate, making it a smart choice for investors seeking a turnkey addition to their portfolio. Formerly a triplex, the property is currently configured as two separate units with private entrances, separate hydro meters, shared laundry, and dedicated outdoor storage for each apartment. The main floor unit offers 9 ceilings, stainless steel appliances, and additional finished space in the basement including a rec room and denideal for tenant retention and rental value. The upper 1-bedroom unit is bright and welcoming, with solid income in place. Outside, theres parking for up to six vehicles and open space with potential to build a garage, offering further long-term value. Whether you're looking to grow your portfolio or enter the market with a reliable asset, this property delivers on both stability and upside.

EXTRAS: Washer, Dryer, Two stoves, Two Refrigerators

Last updated on : Thursday 10th of July 2025 01:00:27 PM

ADDRESS

Street : 281 EGERTON STREET

City : London East (East L)

Country : Canada

Postal Code : N5Z2H1

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PROPERTY SUMMARY

Property ID : X12243385

Building Type : Duplex

Property Type : Multi-family

Bedrooms : 3 + 1

Bathrooms : 2

Parking : 6

Parking Type: No Garage

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