302 EGERTON STREET
London and St. Thomas · N5Z2G7
$499,000
About this residence
Fantastic investment opportunity in the heart of London - All brick Duplex is currently being used as a Triplex - Annual income of +$60,000 delivering a +10% CAP RATE! The upper unit features 3 bedrooms and 1 bath, rented at $1,800/month to month plus hydro. The main floor 2-bedroom, 1-bath was rented for $1,750/month inclusive, currently vacant. The lower level offers a 2-bedroom, 1-bath unit currently rented at $1,550/month, inclusive month-to-month. A great choice for first-time investors or those looking to expand their portfolio, don't miss out! Each unit has its own private entrance and in-suite laundry, plus there are two hydro meters, one furnace, ample rear parking, and a tankless water heater for added energy efficiency. Please note: listing photos were taken when units were vacant. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Duplex
- Bedrooms
- 7 (5 above, 2 below)
- Bathrooms
- 3
- Storeys
- 2
- Living area
- 1,500–2,000 sq ft
- Lot size
- 33 x 100 FT
- Frontage
- 33 feet
- Parking
- 4 spaces
- Annual tax
- $2,180
- MLS®
- X12377252
- Board
- London and St. Thomas
- Status
- Inactive
- Listed
- Sep 3, 2025
- Updated
- Oct 28, 2025
Features & finishes
Appliances
- Water meter
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Full
- Apartment in basement
Exterior
- Brick
Foundation
- Block
Parking
- No Garage
Lot
- In-Law Suite
Sewer & Utilities
- Sanitary sewer
Financing
Estimated monthly payment
$2,334/mo
Loan amount
$399,200
Down payment
$99,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
London and St. Thomas
Nearby
About the area
Census · N5Z- 24,067
- Population
- 40
- Median age
- $64,500
- Median income
- $400,000
- Median home value
- 62%
- Home ownership
- 22 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 302 EGERTON STREET?
302 EGERTON STREET is listed for $499,000, in London and St. Thomas.
How many bedrooms and bathrooms does 302 EGERTON STREET have?
It offers 7 bedrooms and 3 bathrooms.
What type of home is 302 EGERTON STREET?
302 EGERTON STREET is a Multi-family, Duplex set over 2 storeys.
How large is 302 EGERTON STREET?
The home offers approximately 1,500–2,000 sq ft of living space on a lot measuring 33 x 100 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,334. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $2,180 per year.
Is there parking?
Yes — 302 EGERTON STREET includes 4 parking spaces.
What is the London and St. Thomas area like?
London and St. Thomas has a population of about 24,067, a median age of 40, a 62% home-ownership rate, with an average commute of about 22 minutes.
What is the average home value in London and St. Thomas?
The median dwelling value in this area is approximately $400,000, based on census data via Neighbourly.
What is the median household income in London and St. Thomas?
The median household income in this area is approximately $64,500.
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