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$ 449,000
Est. payment /mo
New
281 EGERTON STREET London East (east L), ON N5Z2H1
4 Beds
2 Baths
1,100 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $408
Subdivision East L
MLS® Listing ID X12243385
Bedrooms 4
Source Toronto Regional Real Estate Board
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. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 2.54 m X 2.26 m Kitchen
Extra Room 2 Second level 3.89 m X 3.2 m Bedroom
Extra Room 3 Second level 2.95 m X 3.38 m Bedroom
Extra Room 4 Second level 5.05 m X 2.95 m Living room
Extra Room 5 Basement 2.9 m X 3.28 m Bedroom
Extra Room 6 Basement 3.45 m X 3.28 m Laundry room
Interior
Heating Forced air
Exterior
Parking Features No
Fence Fenced yard
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by COLDWELL BANKER THE REAL ESTATE CENTRE