$435,000
281 EGERTON STREET
Beds
4
Baths
2
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London East (East L). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Freshly relisted and priced for today's market. This up/down duplex offers flexibility for owner-occupiers, first-time buyers, and investors looking for an attainable entry into the London market. The upper 2-bedroom unit is vacant, allowing a buyer to move in, choose their own tenant, or reset the rental terms. Qualified owner-occupant buyers may be able to purchase with approx. $25,000 down, OAC. The property features two self-contained units with private entrances, separate hydro meters, and shared laundry. The main floor unit includes 9' ceilings, stainless steel appliances, and additional finished basement space with a rec room and den. Parking for up to 6 vehicles, generous yard space, and potential for future garage development add practical value and long-term upside. A solid opportunity for buyers seeking income support, flexibility, and room to grow. (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- East L
- Lot dimensions
- 40 x 130 FT
- Bedrooms
- 2 above grade, 2 below grade
- Parking
- 6 total
- Stories
- 2
- On market
- Apr 28, 2026
- Status changed
- Apr 28, 2026
- Annual tax
- $2,178
- Photos
- 9
- MLS#
- X13054874
- Area
- LONDON_EAST_(EAST_L)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Cash on cash
2.33%
Cap rate
5.33%
GRM
12.5
Break-even rent
$2,723
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London East (East L). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.