$449,000
Available - For Sale
Listing ID: X12243385
281 Egerton Stre , London East, N5Z 2H1, Middlesex
| 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. |
| Price | $449,000 |
| Taxes: | $2078.00 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 281 Egerton Stre , London East, N5Z 2H1, Middlesex |
| Directions/Cross Streets: | Hamilton Rd and Egerton St |
| Rooms: | 8 |
| Rooms +: | 3 |
| Bedrooms: | 3 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Full, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 14.56 | 10.33 | |
| Room 2 | Main | Living Ro | 13.09 | 20.66 | Combined w/Dining |
| Room 3 | Main | Bedroom | 13.78 | 10.92 | |
| Room 4 | Basement | Bedroom | 9.51 | 10.76 | |
| Room 5 | Basement | Laundry | 11.32 | 10.76 | |
| Room 6 | Basement | Utility R | 13.32 | 11.58 | |
| Room 7 | Second | Kitchen | 8.33 | 7.41 | |
| Room 8 | Second | Bedroom | 12.76 | 10.5 | |
| Room 9 | Second | Bedroom | 9.68 | 11.09 | |
| Room 10 | Second | Living Ro | 16.56 | 9.68 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Duplex |
| Style: | 2-Storey |
| Exterior: | Concrete Block |
| Garage Type: | None |
| Drive Parking Spaces: | 6 |
| Pool: | None |
| Approximatly Square Footage: | 1100-1500 |
| Property Features: | Fenced Yard, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| COLDWELL BANKER THE REAL ESTATE CENTRE |
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|
HANIF ARKIAN
Broker
Dir:
416-871-6060
Bus:
416-798-7777
Fax:
905-660-5393
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East L |
| Style: | 2-Storey |
| Tax: | $2,078 |
| Beds: | 3+1 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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