281 Egerton Street, London East, ON Image 1

$449,000

Duplex For Sale
MLS - #X12243385
13 hours ago- By COLDWELL BANKER THE REAL ESTATE CENTRE

281 Egerton Street, London East, ON N5Z 2H1

4 Bed
2 Bath
1100-1500 Sqft.
None Garage

Property Description

Property type

Duplex

Lot size

N/A

Style

2-Storey

Approx. Area

1100-1500 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen4.44 x 3.15 mN/AMain
Living Room3.99 x 6.3 mCombined w/DiningMain
Bedroom4.2 x 3.33 mN/AMain
Bedroom2.9 x 3.28 mN/ABasement

About 281 Egerton Street

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.

Home Overview

Last updated

13 hours ago

Virtual tour

None

Basement information

Full, Separate Entrance

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Full, Separate Entrance
Cooling:None
Heating:Forced Air
Parking Features:N/A
6
Similar Homes Found
$510,783
Average Price
-12.1%
Lower than average

Price Comparison

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Walk Score for 281 Egerton Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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