524 Egerton St

London | East M | N5W 3Z7
  • 8 + 6
  • 8
  • 0

Ask: $1,250,000 $1,200,000

Est. Mtg $4,069 /mo
  • Days on market

    179

  • Status

    Sc

Listing Broker SUTTON GROUP PREFERRED REALTY INC.
Since listed: 1 views

Home details

MLS #:

X10426763

Property type:
Multiplex
Style:
Other
Taxes:
$7,048
Possession:
FLEXIBLE
Lot Front:
55.0   Feet
Lot Depth:
184.0   Feet
Basement:
Finished | Full
Driveway Pkg:
10
Heat:
Gas | Water

Description


524 Egerton St, , London, Ontario is a Multiplex property in London and in the East M community in the N5W 3Z7 postal code


Welcome to this purpose-built 6-plex, a prime multi-family investment opportunity with high income potential. The property features 4 spacious two-bedroom units and 2 larger three floor, currently being used as 3 bedroom, 1.5 bathroom units, offering versatility and appeal to a wide range of tenants. All units are thoughtfully designed for comfortable living. The building includes convenient onsite parking located at the rear, providing hassle-free access for tenants. The property is heated by 3 boilers helping to keep heating costs down. This property is steps away from popular attractions like Western Fair, 100 Kellogg Lane, and a variety of charming boutique shops. Tenants will enjoy the lifestyle convenience of nearby dining, entertainment, and local businesses, all while being just minutes from public transportation and major roadways. Ideal for investors seeking a solid income property in a desirable location. Don't miss this opportunity!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-11 2025-03 $1,250,000 $1,200,000 Sc X10426763
2025-03 $1,250,000 $1,200,000 X10433597

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

London :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 524 Egerton St

Based on available 3rd party data

$4791

Approximate costs per month

Mortgage
$4069 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$587 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker SUTTON GROUP PREFERRED REALTY INC.
Data Source: TRREB

Payment calculator

$4656 monthly. In association with: TD Bank
%
  • Principal and Interest
    4069 /mo
  • Property Taxes
    $587 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Raymond Chin, Realtor

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