Home with brick exterior material, street for 302 Egerton St, London East Ontario N5Z 2G7
Re-listed 68 days ago

302 Egerton St, London East, Ontario N5Z 2G7

Townhouse
5 + 2
3
~1500-2000 sqft
$•••,•••
$499,000
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Townhouse
5 + 2
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market68 days

Total days on market
96 days

Estimated valueNot available

Price/Sqft$291/sqft

Monthly cost

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+1

Properties sold*

$565K

Median sold price*

*Based on last 30 days

Description

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.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size3,300 SqFt(100 x 33)
Parking Spaces4
MLS ®NumberX12173146
Community NameHamilton Road
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Full

Features

Lot size: 3,300 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
68 days on market
history photo preview34
Listing by trreb®

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