281 Egerton St

For Sale New 3 Days
$449,000
4 beds
2 baths

281 Egerton St

For Sale New 3 Days
$449,000
4 beds
2 baths

Highlights

Key insights

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. (id:63267)

LISA MALCOLM of COLDWELL BANKER THE REAL ESTATE CENTRE,
#X12243385
updated 3 days ago.
Houseful checked MLS® for data 3 days ago.

Home overview

Amenities / Utilities
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • Fencing
    Fenced yard
  • # parking spaces
    6
Interior
  • # full baths
    2
  • # total bathrooms
    2.0
  • # of above grade bedrooms
    4
Location
  • Subdivision
    East l
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12243385
  • Property sub type
    Multi-family
  • Status
    Active
Rooms Information metric
  • Living room
    5.05m X 2.95m
    Level: 2nd
  • Bedroom
    3.89m X 3.2m
    Level: 2nd
  • Bedroom
    2.95m X 3.38m
    Level: 2nd
  • Kitchen
    2.54m X 2.26m
    Level: 2nd
  • Utility
    4.06m X 3.53m
    Level: Basement
  • Bedroom
    2.9m X 3.28m
    Level: Basement
  • Laundry
    3.45m X 3.28m
    Level: Basement
  • Bedroom
    4.2m X 3.33m
    Level: Main
  • Kitchen
    4.44m X 3.15m
    Level: Main
  • Living room
    3.99m X 6.3m
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28516826/281-egerton-street-london-east-east-l-east-l
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,197

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25 Years fixed, 20% down payment, % interest
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%
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