302 EGERTON STREET
East M, London East, Ontario
- 7 beds
- 3 baths
About this property
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. (id:45603)
Property details
Interior
- Bedrooms
- 7
- Bedrooms above grade
- 5
- Bedrooms below grade
- 2
- Bathrooms
- 3
- Storeys
- 2
- Basement
- Full, Apartment in basement
- Appliances
- Water meter
Exterior & parking
- Structure type
- Duplex
- Architectural style
- []
- Lot size
- 33 x 100 FT
- Parking spaces
- 4
- Parking features
- No Garage
- Exterior features
- Brick
Building & HOA
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
Financial & legal
- List price
- $499,000
- Annual taxes
- $2,180
- Status
- Active
- MLS® number
- X12845686
Location
- City
- London East
- Neighbourhood
- East M
- Province
- Ontario
- Postal code
- N5Z2G7
- Directions
- Cross Streets: Trafalgar. ** Directions: North.
Mortgage calculator
Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.
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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).
