Home with brick exterior material, street for 302 Egerton St, London East Ontario N5Z 2G7
Re-listed 10 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 market10 days

Total days on market
139 days

Estimated valueNot available

Price/Sqft$291/sqft

Monthly cost

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CMA Subject Property

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+2

Properties sold*

$487K

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% CAP RATE! The upper unit features 3 bedrooms and 1 bath, rented at $1,800/month to month plus hydro. The main floor 2-bedroom, 1-bath is rented for $1,750/month inclusive till August 30/26. The lower level offers a 2-bedroom, 1-bath unit currently rented at $1,550/month inclusive month to month. 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, one furnace, 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 ®NumberX12377252
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


Market Data - Hamilton Road

Geo Zone Map ThumbnailHamilton Road

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

16 days

Compared to

2024

27 days

2023

0 day

New Listings

Past 30 days

3 listings

Compared to

2024

4 listings

2023

0 listing

Units sold

Past 30 days

2 units

Compared to

2024

2 units

2023

0 unit

Median Sold Price

Past 30 days

$380,000

Compared to

2024

$487,000


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