Home with brick exterior material, street for 281 Egerton St, London East Ontario N5Z 2H1
50 days on Market

281 Egerton St, London East, Ontario N5Z 2H1

Townhouse
3 + 1
2
~1100-1500 sqft
$449,000
Get pre-qualifiedPowered by nesto
Buy with Wahi to get
Up to
$2,245Cashback
Townhouse
3 + 1
2
~1100-1500 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market50 days

Estimated valueNot available

Price/Sqft$354/sqft

Monthly cost

Open Calculator

CMA Subject Property

Curious about what homes are selling for in this area?

Get a report on comparable homes with helpful insights and trends.

+1

Properties sold*

$565K

Median sold price*

*Based on last 30 days

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.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size5,200 SqFt(130 x 40)
Parking Spaces6
MLS ®NumberX12243385
Community NameHamilton Road
Data SourceTRREB
Listing byCOLDWELL BANKER THE REAL ESTATE CENTRE

Features

Heating: Forced Air
Basement: Full, Sep Entrance

2nd Floor

Living

5.05 x 2.95

Kitchen

2.54 x 2.26

Br

3.89 x 3.2

Br

2.95 x 3.38


Features

Lot size: 5,200 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Market Data - Hamilton Road

Geo Zone Map ThumbnailHamilton Road

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

124 days

Compared to

2024

23 days

2023

38 days

New Listings

Past 30 days

4 listings

Compared to

2024

8 listings

2023

0 listing

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

1 unit

Median Sold Price

Past 30 days

$507,000

Compared to

2024

$565,000

2023

$499,000


Population and Demographics

Overview

Total population 16968
Average household income $90,561

Age (%)

0 to 19
20%
20 to 34
22%
35 to 49
20%
50 to 64
23%
65 and plus
17%

Household composition (%)

Single family
58%
Single person
35%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
85%
Others
4%
Portuguese
3%
Spanish
2%
Polish
1%
French
1%
Italian
1%

House tenancy (%)

Owners
67%
Renters
33%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget