302 Egerton St
East M, London East
$549,000
Buy with Dwelly and Save $5,490
Home Details
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Listing Description
Fantastic investment opportunity in the heart of London, Ontario - All brick Duplex is currently being used as a Triplex - Annual income of $59,400/year, delivering a 9.7% 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 is rented for $1,600/month inclusive and will be vacant as of May 15, 2025 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
Property History
Rooms
Room dimensions for 302 Egerton St, London East
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 302 Egerton St is 2877
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $549000 |
| Down Payment | $109800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $439200 |
Monthly Payment
| Mortgage Payment | $2706 |
| Property Taxes | $170 |
| Maintenance Fees | $0 |
| Monthly Payment | $2877 |
About 302 Egerton St, London East
Located at 302 Egerton St , this London East house is available for sale. This property was listed for $549,000 on Sun May 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#: X12108374 · $549,000 · 5 bedroom house in East M, London East