Address: 302 EGERTON STREET, London East (East M) FOR SALE Postal Code: N5Z2G7 Style: Type: Multi-family Duplex Bedrooms: 7 Bathrooms: 3 Bedrooms Aboveground: 5 Bedrooms Belowground: 2 Parking: No Garage Garage: No Garage Lot Size: 33 ft x 100 ft Property Size: 33 x 100 FT Stories: 2
About 302 Egerton Street
Welcome to 302 Egerton Street in London, Ontario; an excellent opportunity for first-time investors or a great addition to any growing portfolio. This full-brick legal duplex with a bonus third unit features separate entrances, in-unit laundry in all units, ample rear parking, two separate hydro meters and a tankless water heater for added efficiency. Fully tenanted, the property generates a net income of $26,754 annually, offering a 5% cap rate based on current income. The upper unit is a spacious 3-bedroom, 1-bath, rented for $1,800/month plus hydro. The main floor 2-bedroom, 1-bath unit brings in $1,600/month inclusive and will be vacant as of May 15, 2025 - ideal for owner-occupiers or new tenants at market rent. The lower level features a well-maintained 2-bedroom, 1-bath unit currently rented for $1,550/month inclusive. Dont wait - book your showing today! Photos show the property when vacant. (id:56071). Get more information on 302 Egerton Street
Property Features
Features: In-Law Suite Rental Equipment: Directions: Trafalgar Interior Size: 1500 - 2000 sqft Amenities: Separate Electricity Meters Lot: 33 x 100 FT 33 x 100 FT Exterior Finish: Brick Water: Municipal water, Sanitary sewer Heating / Cooling: Natural gas / Central air conditioning Age: Foundation: Block Basement: Full
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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NEW LISTING
FOR SALE
NEW LISTING
FOR SALE
FOR SALE