ON
London
N5Z2H1
281 EGERTON Street
281 EGERTON Street, London, ON N5Z2H1
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Listing Type
Multi Family
Listing Status
active
33
$449,000

Home Details for 281 EGERTON Street

Price
$449,000
Type
Residential Income
Bedrooms
4
Bathrooms
2.0
Square feet
NaN
Parking
Days on site
89
Listing #
40745557
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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
Listing Courtesy: Coldwell Banker The Real Estate Centre Brokerage
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EXIT REALTY CONNECT, BROKERAGE
101-310 Main Street E, Milton, ON L9T 1P4
Mark Recile, MSc.
License #: 9627355
REALTOR
Office
289 627 7755
Agent
905 699 5811
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