498 Egerton Street, London

498 Egerton Street, London, ON N5W3Z6 Photo 1

11 Photos

498 Egerton Street, London, ON N5W3Z6 Photo 2
498 Egerton Street, London, ON N5W3Z6 Photo 3
498 Egerton Street, London, ON N5W3Z6 Photo 4
498 Egerton Street, London, ON N5W3Z6 Photo 5
498 Egerton Street, London, ON N5W3Z6 Photo 6
498 Egerton Street, London, ON N5W3Z6 Photo 7
  • Bedrooms: 4
  • Bathrooms: 2
  • Living area: 1377 sqft
  • MLS®: 40538778
  • Type: Townhouse
  • Added: 80 days ago

Property Details

Welcome to your next investment property in the heart of Old East Village (OEV)! This charming occupied property has two units which is leased at market rent for $3,800/month + Hydro. Each unit includes comfortable living spaces, kitchens, bedrooms, and a bathroom. An awesome turnkey addition to your investment portfolio in this vibrant growing neighbourhood. Enjoy the benefits of a steady rental stream from day one. Buy now and capitalize on this neighbourhood's growth as OEV continues to blossom as a destination hot spot. Tenanted property at market rents are a rare find. Don't wait on this one. Check it out today and make and offer! Photos were taken right before the tenants moved in. (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: None
  • Heating: Forced air
  • Stories: 1
  • Basement: Finished, Partial
  • Year Built: 1900
  • Directions: Egerton Street and York St
  • Living Area: 1377
  • Photos Count: 11
  • Water Source: Municipal water
  • Parking Total: 3
  • Bedrooms Total: 4
  • Structure Type: Duplex
  • Common Interest: Freehold
  • Subdivision Name: East M
  • Tax Annual Amount: 2074.86
  • Exterior Features: Vinyl siding
  • Security Features: Unknown
  • Community Features: Community Centre
  • Zoning Description: R2-2
  • Number Of Units Total: 2
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Nearby Places

Name Type Address Distance
Western Fair Organizers had hoped to use the Crystal Palace Bar... 0.3 km
Western Fair Establishment 316 Rectory Street 0.7 km
Aeolian Hall (London, Ontario) and Rectory St, just to the east of Adelaide St... 0.7 km
Aeolian Hall Establishment 795 Dundas St 0.7 km
Thames Valley District School Board It was created on January 1, 1998, by the amalgama... 1.0 km
Flame of Hope (diabetes) The Flame will only be extinguished when a cure fo... 1.3 km
Banting House in London, Ontario, Canada, it is the house where ... 1.3 km
Banting House National Historic Site Museum 442 Adelaide St N 1.3 km
London Police Service Established in 1855 and renamed from the name Lond... 1.3 km
London Police Service Police 601 Dundas St 1.3 km
Lester B. Pearson School for the Arts An application process must be completed by mid De... 1.4 km
Thames Secondary School Offering a wide variety of tech courses, Thames ed... 1.5 km
Similar Townhouses Stat in London
We have found 6 Townhomes that closely match the specifications of the property located at 498 Egerton Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 549,900 and 769,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the N5W3Z6 postal code area of London Ontario Canada.
498 Egerton Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 498 Egerton Street. The current price of the property is $549,999, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $439,999. This would result in a monthly mortgage payment of $2,572 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 45
University / Above bachelor level 10
College 55
University degree at bachelor level or above 65

Neighbourhood Marital Status Stat

Married 85
Widowed 15
Divorced 40
Separated 15
Never married 145
Living common law 45
Married or living common law 135
Not married and not living common law 220

Neighbourhood Construction Date

1961 to 1980 15
1960 or before 165
Comparison of 498 Egerton Street, London, ON with Nearby Townhouses
Nearby Cities Listings Avg. price
St Thomas 129 $850.900
Ingersoll 55 $996.443
Strathroy 53 $955.619
Woodstock 144 $789.863
Stratford 95 $960.959
Tillsonburg 118 $986.908
Grand Bend 65 $917.268
Delhi 57 $888.513
Popular Cities Listings Avg. price
Waterloo 400 $872.525
Kitchener 698 $987.625
Guelph 363 $929.759
Cambridge 426 $1.039.820
Burlington 789 $1.566.455
Oakville 869 $1.946.154
Milton 392 $1.813.979
Mississauga 1349 $1.338.960
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