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$449,000
281 EGERTON STREET
London East, Ontario, Ontario, N5Z2H1
MLS® Number: X12243385
Property description
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.
Building information
Type
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Amenities
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Appliances
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Basement Features
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Basement Type
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Exterior Finish
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Amenities
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Fence Type
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Sewer
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Main level
Bedroom
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Living room
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Kitchen
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Basement
Utility room
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Laundry room
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Bedroom
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Second level
Living room
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Bedroom
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Bedroom
*****
Kitchen
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Courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE
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