About 281 Egerton Street
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.
Features of 281 Egerton Street
| MLS® # | 40745557 |
|---|---|
| Price | $449,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Square Footage | 1,389 |
| Acres | 0.00 |
| Type | Residential Income |
| Sub-Type | Duplex Up/Down |
| Status | Active |
Community Information
| Address | 281 Egerton Street |
|---|---|
| Area | East |
| Subdivision | East L |
| City | London |
| County | Middlesex |
| Province | ON |
| Postal Code | N5Z 2H1 |
Amenities
| Parking Spaces | 6 |
|---|---|
| # of Garages | 0.00 |
| Is Waterfront | No |
Interior
| Interior Features | Separate Hydro Meters |
|---|---|
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Heating | Forced Air, Natural Gas |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Separate Entrance, Walk-Up Access, Full, Finished |
Exterior
| Lot Description | Rectangular, Park, Schools |
|---|---|
| Roof | Shingle |
| Construction | Block |
Additional Information
| Date Last Updated | October 17th, 2025 |
|---|---|
| Zoning | R2-2 |
Listing Details
| Office | Coldwell Banker The Real Estate Centre Brokerage |
|---|