302 Egerton Street, London East, ON N5Z 2G7
London East, ON, N5Z 2G7 · East M
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.
Features & Amenities
- Basement: Apartment, Full
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Duplex |
| Architectural Style | 2-Storey |
| Bedrooms | 7 |
| Bathrooms | 3 |
| Basement | Apartment, Full |
| Garage | None |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $2,180 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- In-Law Capability, In-Law Suite, Separate Hydro Meter
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Block
- Roof
- Asphalt Shingle
- Basement
- Apartment, Full
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 4
- Parking Total
- 4.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 100.00
- Lot Width
- 33.00
Financial & Tax
- Tax Annual Amount
- $2,180
- Tax Year
- 2025
- Possession Type
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 10
- Rooms Below Grade
- 3
- Kitchens Above Grade
- 2
- Kitchens Total
- 3
- Bedrooms Above Grade
- 5
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Middlesex
- Cross Street
- Trafalgar
- Directions
- North
- Special Designation
- Other
- Showing Requirements
- Lockbox
Location
302 Egerton Street, London East, ON N5Z 2G7, London East, ON, N5Z 2G7