302 Egerton St, London East, Ontario N5Z 2G7
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft$320/sqft
Est. Mortgage$2,358/mo
Tax Amount (2024)$2,045/yr
Days On Market6 days
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.
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 4
Property History


