3 Beds 2 Bath

281 Egerton Street, London East, ON N5Z 2H1

London East N5Z 2H1 Ontario

MLS: X12243385

$449,000

Added 60 days ago | For Sale

Listed by: COLDWELL BANKER THE REAL ESTATE CENTRE

About Property

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.

Features

  • House Style:Duplex
  • Bathrooms:2
  • Land Size: 40 X 130
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Hamilton Rd and Egerton St
  • Basement:Full,Separate Entrance , Full,Separate Entrance
  • Possession Date:TBA
  • Annual Property taxes: $2078
  • Bedrooms:3 +1
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12243385

Level Type Features Dimensions
Main Kitchen 14 ft, 7 in x 10 ft, 4 in
Living Room Combined w/Dining 13 ft, 1 in x 20 ft, 8 in
Bedroom 13 ft, 9 in x 10 ft, 11 in
Second Kitchen 8 ft, 4 in x 7 ft, 5 in
Bedroom 12 ft, 9 in x 10 ft, 6 in
Bedroom 9 ft, 8 in x 11 ft, 1 in
Living Room 16 ft, 7 in x 9 ft, 8 in
Basement Bedroom 9 ft, 6 in x 10 ft, 9 in
Laundry 11 ft, 4 in x 10 ft, 9 in
Utility Room 13 ft, 4 in x 11 ft, 7 in

No property rooms available.

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