420 Egerton Street, London
- Bedrooms: 4
- Bathrooms: 3
- Living area: 1100 square meters
- Type: Duplex
Source: Public Records
Note: This property is not currently for sale or for rent on Ovlix.
We have found 6 Duplex that closely match the specifications of the property located at 420 Egerton Street with distances ranging from 2 to 4 kilometers away. The prices for these similar properties vary between 559,000 and 759,900.
Nearby Listings Stat
Active listings
33
Min Price
$1
Max Price
$1,239,000
Avg Price
$691,360
Days on Market
48 days
Sold listings
12
Min Sold Price
$429,900
Max Sold Price
$949,900
Avg Sold Price
$651,775
Days until Sold
86 days
Property Details
- Cooling: Central air conditioning
- Heating: Forced air, Natural gas
- Stories: 2
- Structure Type: Duplex
- Exterior Features: Brick, Vinyl siding
- Foundation Details: Block, Poured Concrete
Interior Features
- Basement: Full
- Appliances: Washer, Refrigerator, Stove, Dryer
- Bedrooms Total: 4
Exterior & Lot Features
- Lot Features: Flat site
- Water Source: Municipal water
- Parking Total: 4
- Parking Features: Detached Garage
- Lot Size Dimensions: 33 x 75 Acre
Location & Community
- Directions: BRYDGES
- Community Features: School Bus, Community Centre
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Year: 2023
- Tax Annual Amount: 1578
- Zoning Description: R2-2
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%+ Cash ROI and 18% 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 is sure to 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 $1,000 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, 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. (id:1945)
