420 Egerton Street, London ON N5W 3Z3

Description

ATTENTION INVESTORS 7%+ CAP! Welcome to 420 Egerton St, this is the opportunity you’ve been waiting for. Recently renovated (2022) duplex with an additional bachelor unit in the basement! BOTH 2 BEDROOM UNITS ARE Vacant, previously rented for $1800/mo each! Select your tenants and generate an estimated $3600! additionally, basement unit generates $1000/month incl. $100/month from coin laundry and the garage is currently rented for $400/ month. This cash flowing property is ideally situated and close to many amenities including Western Fair complex and 100 Kellogg Lane! A perfect addition to your investment portfolio or great opportunity for first time home buyer with mortgage helper! With a 5.5%, 30 year amortized, 80% LTV mortgage, you could cashflow upwards of $1350/month once fully occupied. Book your showing today.