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Home ON Greater London London Hamilton Road
281 EGERTON STREET
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281 EGERTON STREET $449,000
3 days ago
$449,000
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281 EGERTON STREET
London East (East L), Ontario N5Z2H1

MLS® Number: X12243385
3 + 1
Bedrooms
2
Bathrooms
1100 - 1500
Square Feet

Listing 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. (40760211)

Location Description

Hamilton Rd and Egerton St

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
1100 - 1500 sqft
Community Name
East L
Land Size
40 x 130 FT
Annual Property Taxes
$2,078
Parking Type
No Garage
Time on REALTOR.ca
3 days

Building

Bedrooms
Above Grade
3
Below Grade
1
Bathrooms
Total
2
Interior Features
Appliances Included
Dryer, Two stoves, Washer, Two Refrigerators
Basement Features
Separate entrance
Basement Type
Full
Building Features
Foundation Type
Block
Building Amenities
Separate Electricity Meters
Structures
Deck, Porch
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Concrete Block
Neighbourhood Features
Amenities Nearby
Park
Parking
Parking Type
No Garage
Total Parking Spaces
6

Measurements

Square Footage
1100 - 1500 sqft

Rooms

MetricImperial
Main level
Kitchen
Living room
Bedroom
Second level
Kitchen
Bedroom
Bedroom
Living room
Basement
Bedroom
Laundry room
Utility room

Land

Lot Features
Fencing
Fenced yard
Frontage
40 ft
Land Depth
130 ft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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