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.
For sale
C$449,000
281 Egerton St, London, ON N5Z 2H1
4beds
2baths
1,389sqft
Duplex, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$323/sqft
C$-- HOA
What's special
- 44 days
- on Zillow |
- 69 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 02:44pm
Listed by:
Lisa Malcolm, Broker,
Coldwell Banker The Real Estate Centre Brokerage
Source: ITSO,MLS®#: 40745557Originating MLS®#: Barrie & District Association of REALTORS® Inc.
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dryer, Refrigerator, Stove, Washer
- Laundry: Common Area
Features
- Separate Hydro Meters
- Basement: Separate Entrance,Walk-Up Access,Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,128
- Total interior livable area: 1,389 sqft
- Finished area above ground: 1,389
- Finished area below ground: 739
Property
Parking
- Total spaces: 6
- Parking features: Private Drive Triple+ Wide
- Uncovered spaces: 6
Features
- Frontage type: West
- Frontage length: 40.00
Lot
- Size: 5,200 Square Feet
- Dimensions: 40 x 130
- Features: Rectangular, Park, Schools
Details
- Parcel number: 083060082
- Zoning: R2-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Roof: Shingle
Condition
- 100+ Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: London
Financial & listing details
- Price per square foot: C$323/sqft
- Annual tax amount: C$2,078
- Date on market: 6/26/2025
- Inclusions: None, 2 Fridges, 2 Stoves, Washer, Dryer
- Exclusions: Window And Room A/C Units
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