302 Egerton Street
London East, ON
7 bed • 3 bath • approx. 1500-2000 sqft • Duplex • 178 days on market
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.
Listing Details
- Taxes (2025)
- $2,180
- Listed
- March 3, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- In-Law Capability, In-Law Suite, Separate Hydro Meter
- Lot Size
- 33 x 100 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Trafalgar
- Zoning
- R2-2
- Parcel Number
- 082970017
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Schools
Elementary
- Trafalgar Public School0.5 km
Public · Thames Valley DSB · 175 students
Grade 3 reading: 28% met the provincial standard · Grade 6 math: 9% met the provincial standard
- Lester B Pearson School for the Arts0.8 km
Public · Thames Valley DSB · 280 students
Grade 6 math: 82% met the provincial standard
- Ealing Public School1.2 km
Public · Thames Valley DSB · 200 students
Grade 3 reading: 72% met the provincial standard
Secondary
- B Davison Secondary School Secondary School0.9 km
Public · Thames Valley DSB
- G A Wheable Secondary School1.5 km
Public · Thames Valley DSB
- Thames Valley Alternative Secondary School1.5 km
Public · Thames Valley DSB · 250 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N5Z
- Population
- 24,067
- Private dwellings
- 11,008
- Median age
- 40
- Average household size
- 2.3
- Median household income
- $64,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in London East · last 12 months
- Median sold price
- $460,000
- Homes sold
- 1,307
- Median days on market
- 24
- Sale-to-list price
- 97.0%
Based on 1,307 recorded sales of residential freehold properties in London East over the last 12 months.
Listed by
CENTURY 21 FIRST CANADIAN CORP
Location
Mortgage Calculator
$99,800
Estimated Monthly Payment
$2,451
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,451/mo (20% down, 5.5%)
Taxes: $182/mo · Insurance: $125/mo
Estimates only. Consult a financial advisor.
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