27
See all 27 photos
$499,000
Est. payment /mo
7 Beds
3 Baths
Active
302 Egerton ST London East, ON N5Z 2G7
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision East M
MLS Listing ID X12377252
Style 2-Storey
Bedrooms 7
Annual Tax Amount $2,180
Tax Year 2025
Property Sub-Type Duplex
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 is rented for $1,750/month inclusive till August 30/26. 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.
Location
Province ON
County Middlesex
Community East M
Area Middlesex
Rooms
Family Room No
Basement Apartment, Full
Kitchen 3
Separate Den/Office 2
Interior
Interior Features In-Law Capability, In-Law Suite, Separate Hydro Meter
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 33.0
Lot Depth 100.0
Total Parking Spaces 4
Building
Foundation Block
Listed by CENTURY 21 FIRST CANADIAN CORP
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