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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.
City: London East
Neighborhood: East M
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Apr 28, 2025 | 28 | $549,000 | N/A | Terminated | X12108374 |
Purchase Price | $499000 |
Down Payment | $99800 |
Mortgage Insurance | $0 |
Total Mortgage | $399200 |
Mortgage Payment | $2460 |
Property Taxes | $170 |
Maintenance Fees | $0 |
Monthly Payment | $2630 |
Located at 302 Egerton St , this London East house is available for sale. This property was listed for $499,000 on Wed Jun 04 2025. This house's size is 1500-2000 Sqft. It has 5 bedrooms and 3 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 4 parking spots. 302 Egerton St, London East is situated in the East M neighbourhood.
MLS#: X12173146 · $499,000 · 5 bedroom house in East M, London East