Brad Sauve

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281 EGERTON STREET, London East, Ontario

$449,000

4 Beds
2 Baths

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:23309)

Listing ID: X12243385
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Kitchen	Second level	2.54 m x 2.26 m
Bedroom	Second level	3.89 m x 3.2 m
Bedroom	Second level	2.95 m x 3.38 m
Living room	Second level	5.05 m x 2.95 m
Bedroom	Basement	2.9 m x 3.28 m
Laundry room	Basement	3.45 m x 3.28 m
Utility room	Basement	4.06 m x 3.53 m
Kitchen	Main level	4.44 m x 3.15 m
Living room	Main level	3.99 m x 6.3 m
Bedroom	Main level	4.2 m x 3.33 m

Details

Amenities Nearby: Park
Parking Spaces: 6
Structure: Deck, Porch
Transaction: For sale

Building

Amenities: Separate Electricity Meters
Appliances: Dryer, Two stoves, Washer, Two Refrigerators
BasementType: Full
Basement Features: Separate entrance
Bedrooms Main Level: 3
Bedrooms Lower Level: 1
Exterior Finish: Concrete Block
Fireplace Present: False
Foundation: Block
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1100 - 1500 sqft
Stories Total: 2
Type: Duplex
Utility Water: Municipal water

Land

Amenities: Park
Fence: Fenced yard
Sewer: Sanitary sewer
Size Frontage: 40 ft
Size Irregular: 40 x 130 FT

Listing provided by COLDWELL BANKER THE REAL ESTATE CENTRE
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 281 EGERTON STREET in London East Ontario. It was last modified on June 25th, 2025. Contact Brad Sauve to schedule a viewing or to discover other London East real estate for sale.

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