London East, ON N5Z 2H1,281 Egerton ST
London East, ON N5Z 2H1,281 Egerton ST
London East, ON N5Z 2H1,281 Egerton ST
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$449,000
Est. payment /mo
4 Beds
2 Baths
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision East L

MLS Listing ID X12243385

Style 2-Storey

Bedrooms 4

Annual Tax Amount $2,078

Tax Year 2025

Property Sub-Type Duplex

Property 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.

Location

Province ON

County Middlesex

Community East L

Area Middlesex

Rooms

Family Room Yes

Basement Full, Separate Entrance

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Separate Hydro Meter

Cooling None

Inclusions 2 fridges, 2 stoves, washer, dryer

Exterior

Exterior Feature Deck, Porch

Pool None

Roof Type Shingles

Lot Frontage 40.0

Lot Depth 130.0

Total Parking Spaces 6

Building

Foundation Block

Others

Senior Community No


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Listed by COLDWELL BANKER THE REAL ESTATE CENTRE

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Realtor | License ID: 4757672

Realtor License ID: 4757672

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281 Egerton ST

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