Homes For Sale: Canada Ontario London 420 EGERTON STREET
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$575,000 CAD

420 EGERTON STREET
London, Ontario N5W 3Z3
Canada
130.803 m2 :: 1,408 sqft
4 bedrooms
Residential For Sale, Multi Family
Land size: 0.024 ha :: 0.06 acres
Sale price per sqm: 3,228.54
CENTURY 21 First Canadian Corp. Brokerage
420 York Street
London, Ontario N6B1R1, Canada
Phone: 519-709-7843

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Remarks:

Welcome to this outstanding investment opportunity near the Western Fair District! This renovated duplex offers an impressive 8.47% REAL cap rate, making it a solid choice for savvy investors looking to expand their portfolio. This will cashflow at $1300/mo+ at todays interest rates. With an 12%+ Cash ROI and 20% 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 rented garage space, this property is sure to exceed your investment expectations. The main 2-bedroom units is currently leased for $1,800 per month, while the bachelor suite commands a rental rate of $1,000 per month. The upper 2 bedroom unit is currently vacant and in the process of being leased for $1900/mo. Additionally, the garage space generates an extra $500 per month in income, resulting in a robust revenue stream. This property is close to schools, parks, shopping, 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. Contact us today to schedule a viewing and take the first step toward growing your real estate investment portfolio.

Features:

  • Year Built: 1930
  • Heating System: Forced Air
  • High School District: CENTRAL SS, JOHN PAUL II SECONDARY
  • Elementary School: EAST CARLING PS, BLESSED SACRAMENT

Location:

420 EGERTON STREET, London, Ontario N5W 3Z3, Canada
Listed By CENTURY 21 First Canadian Corp. Brokerage

The Residential For Sale, Multi Family located at 420 EGERTON STREET, London, Ontario N5W 3Z3, Canada is currently for sale. 420 EGERTON STREET, London, Ontario N5W 3Z3, Canada is listed for $575,000 CAD. This property has 4 bedrooms and 1,408 sqft. If the property located at 420 EGERTON STREET, London, Ontario N5W 3Z3, Canada isn't what you're looking for, search Ontario Real Estate to see other Homes For Sale in London.

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