281 Egerton
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+26 more
$445,000

281 Egerton

London East (East L), Ontario, N5Z2H1

Active
4
Bedrooms
2
Bathrooms
6
Parking

About This Property

This 4-bedroom, 2-bathroom multi-family in London East (East L) is available for your consideration. The home features forced air, natural gas heating, none, a full, separate entrance basement.

MLS Remarks

Immediate opportunity with upper unit vacant. Ideal for house hacking, first-time buyers, or investors seeking repositioning upside. For qualified buyers intending owner-occupancy, purchase may be possible with approx. $25,000 down (OAC). Move into the bright 2-bedroom upper unit and offset your mortgage with rental income from the main floor OR set your own terms and maximize cash flow from day one. This well-maintained up/down duplex is configured as two self-contained units with private entrances, separate hydro meters, and shared laundry. The main floor features 9' ceililngs, stainless steel appliances, and additional finished basement space including a rec room and den. Parking for up to six vehicles plus generous yard space with potential for future garage development adds long-term value. (id:60351)

Overview

Property Typeresidential
Sub-Typemulti-family
StatusActive
MLS #X12801778

Interior

HeatingForced air, Natural gas
CoolingNone
AppliancesWasher, Dryer, Two stoves, Two Refrigerators
BasementFull, Separate entrance

Exterior

Exterior FeaturesStone

Parking

Total Spaces6

Fees & Taxes

Annual Taxes$2,178

Listing Information

MLS#: X12801778


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$89,000
5%20%50%
Estimated Monthly Payment
$1,979
/month
Mortgage
$356,000
Total Interest
$237,629

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$5,375
Total Due on Closing$5,375

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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