$499,000
3.05 BTC
Photos
302 Egerton Street, London
$499,000
PRICE
5 + 2
BEDROOMS
3
BATHROOMS
X12173146
MLSID

302 Egerton Street, London

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 10.8% CAP RATE! The upper unit features 3 bedrooms and 1 bath, rented at $1,800/month plus hydro. The main floor 2- bedroom, 1-bath unit was rented for $1,650/month inclusive and is now VACANT a perfect opportunity for an owner-occupier or to place new tenants at market rent. The lower level offers a well-kept 2-bedroom, 1-bath unit currently rented at$1,550/month inclusive. 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, ample rear parking, and a tankless water heater for added energy efficiency. Please note: listing photos were taken when units were vacant.
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Summary

Address
302 Egerton Street
City
Community
MLSID
X12173146
Property Type
Duplex
Property Category
Bedrooms
5 + 2
Bathrooms
3
Kitchens
2 + 1
Taxes (Annual)
$2,045.00
Tax Year
2024
Published
May 26, 2025
Days on Market
66 Days
Possession Type
30-59 Days
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Details

Parking Spaces
4
Parking Total
4
Parking Features
Private
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
33 Feet
Lot Depth
100 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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