420 Egerton Street London East, ON N5W 3Z3
Inscription par: TORONTO IDX / Century 21 First Canadian Corp. Brokerage / Diogo Barreira / CENTURY 21 First Canadian Corp. Brokerage / Robert Magier

  420 Egerton Street London East, ON N5W 3Z3

En vigueur
358 283 $
4
CAC
3
SDB
1100-1500
PI. CA.

Description

Welcome to this outstanding investment opportunity near the Western Fair District! This renovated duplex offers an impressive 7.6% REAL cap rate, making it a solid choice for savvy investors looking to expand their portfolio. This will cashflow at $1000/mo+ at today's interest rates. With a 10.9%+ Cash ROI and 19% ROI when factoring in principal repayment, this is a better return than both GICs and the stock market. With two spacious 2-bedroom units, a comfortable bachelor suite, and a rentable garage space, this property will surely exceed your investment expectations. Each of the 2-bedroom units is currently leased for $1,700 per month, while the bachelor suite commands a rental rate of $1,100 per month. Additionally, the garage space can generate an extra $400 per month in income, resulting in a robust revenue stream. This property is close to schools, parks, shopping, the Western Fair complex, 100 Kellogg Lane, and public transportation, making it an attractive choice for prospective tenants. Don't miss out on this rare opportunity to secure a high-yield, income-generating duplex with immense potential for the future.

MLS®:
X12151478
Les impôts
$3,634(2024)
Catégorie
Multifamily
Style
2-Storey
Ville
Middlesex County
Communauté
East M

Listed By

Diogo Barreira, Century 21 First Canadian Corp. Brokerage
Robert Magier, CENTURY 21 First Canadian Corp. Brokerage
Source
TORONTO IDX
Dernière vérification Mai 17 2025 à 9:01 AM EDT
Détails sur les salles de bains
Caractéristiques Intérieures
  • None
Caractéristiques de la propriété
  • Foundation: Block
  • Foundation: Poured Concrete
Chauffage et refroidissement
  • Forced Air
  • Central Air
Informations sur les sous-sols
  • Full
Informations sur le pool
  • None
Caractéristiques extérieures
  • Vinyl Siding
  • Brick
  • Toit: Asphalt Shingle
Informations sur les services publics
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • Detached
Stationnement
  • Private
Étages
  • 2
Alimenté par Walk Score®
Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/17/25 02:01