ON > London
London, ON N5Z 2H1,281 Egerton Street
London, ON N5Z 2H1,281 Egerton Street
London, ON N5Z 2H1,281 Egerton Street
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Listed by Lisa Malcolm • Coldwell Banker The Real Estate Centre Brokerage
$449,000
Est. payment /mo
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4 Beds
2 Baths
1,389 SqFt
New

281 Egerton Street London, ON N5Z 2H1

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Gaby Leveille

Gaby Leveille

+1(905) 902-2284

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,389 sqft

Price per Sqft $323

MLS Listing ID 40745557

Bedrooms 4

Abv Grd Liv Area 2,128

Annual Tax Amount $2,078

Property Sub-Type Duplex Up/Down

Source Barrie

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.

Location

Province ON

County Middlesex

Area East

Zoning R2-2

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

Rooms

Basement Separate Entrance, Walk-Up Access, Full, Finished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry Common Area

Exterior

Roof Type Shingle

Lot Frontage 40.0

Lot Depth 130.0

Garage No

Building

Lot Description Rectangular, Park, Schools

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

Story 2

Sewer Sewer (Municipal)

Water Municipal

Structure Type Block

New Construction No

Others

Senior Community No

Tax ID 083060082

Ownership Freehold/None

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Gaby Leveille

Broker | License ID: 4740099

+1(905) 902-2284

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281 Egerton Street