We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home ON Greater London London Hamilton Road
281 EGERTON Street
Directions Print
281 EGERTON Street $449,000
1 day ago
$449,000
Hide
Favourite

281 EGERTON Street
London, Ontario N5Z2H1

MLS® Number: 40745557
4
Bedrooms
2
Bathrooms
2128
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. (69270008)

Location Description

Corner of Egerton Street & Dame St, driveway at rear off Dame St.

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
2128 sqft
Subdivision Name
East L
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$2,078
Total Parking Spaces
6
Time on REALTOR.ca
1 day

Building

Bathrooms
Total
2
Interior Features
Basement Type
Full (Finished)
Building Features
Construction Material
Concrete block, Concrete Walls
Rental Equipment
Water Heater
Total Units
3
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Concrete
Neighbourhood Features
Amenities Nearby
Park, Schools
Parking
Total Parking Spaces
6

Measurements

Square Footage
2128 sqft
Above Grade Finished
1389 sqft
Source: Other
Below Grade Finished
739 sqft
Source: Other
Total Unfinished
148 sqft

Land

Lot Features
Frontage
40 ft
Land Depth
130 ft
Other Property Information
Zoning Description
R2-2
Data provided by: Barrie & District Association of REALTORS® Inc. 676 Veterans Drive, Barrie, Ontario L9J 0H6
905-622-4469
705-436-7630
Book showing

Similar Listings

Lisa Malcolm