London, ON N5Z2H1,281 EGERTON Street
London, ON N5Z2H1,281 EGERTON Street
London, ON N5Z2H1,281 EGERTON Street
33
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$449,000
Est. payment /mo
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4 Beds
2 Baths
2,128 SqFt
Active

281 EGERTON Street London, ON N5Z2H1

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Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,128 sqft

Price per Sqft $210

Subdivision East L

MLS® Listing ID 40745557

Bedrooms 4

Property Sub-Type Freehold

Source Barrie & District Association of REALTORS® Inc.

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold


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Listed by Coldwell Banker The Real Estate Centre Brokerage

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agent

Mica Sadler

CEO | REALTOR®

+1(519) 589-3521

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281 EGERTON Street