Unknown for 498 Egerton St, London Ontario N5W 3Z6
50 days on Market

498 Egerton St, London, Ontario N5W 3Z6

Detached
3
2
~1100-1500 sqft
$539,900
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Detached
3
2
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$425/sqft

Est. Mortgage$2,319/mo

Tax Amount (2024)$2,234/yr

Days On Market50 days


Description

Looking for LEGAL & LICENSED DUPLEX WITH MARKET RENT? Welcome to 498 Egerton Street, a fantastic investment opportunity in the heart of London's vibrant Old East Village! This charming property features two separate units, offering endless potential for homeowners, investors, or multi-generational living. Front unit rented $2,100 and the back unit is rented for $1,700 monthly for a total of $3,800 or $45',600 Gross annually. Located in the sought-after Old East Village, this property is within walking distance to local shops, cafes, schools, and parks. Enjoy the community's thriving arts and culinary scene, along with easy access to public transit and downtown London.


Property Details

StyleBungalow
View-
Age of property100+
SqFt~1100-1500 SqFt
Lot Size4,172 SqFt(149 x 28)
Parking Spaces2
MLS ®NumberX12018942
Community NameEast London
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Basement: Crawl Space

Features

Lot size: 4,172 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage
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Market Data - East London

Geo Zone Map ThumbnailEast London

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

23 days

Compared to

2024

22 days

2023

21 days

2022

9 days

New Listings

Past 30 days

23 listings

Compared to

2024

24 listings

2023

20 listings

2022

29 listings

Units sold

Past 30 days

14 units

Compared to

2024

19 units

2023

17 units

2022

19 units

Median Sold Price

Past 30 days

$450,500

Compared to

2024

$510,000

2023

$499,900

2022

$525,000


Population and Demographics

Overview

Total population 10542
Average household income $82,222

Age (%)

20 to 34
31%
50 to 64
22%
35 to 49
19%
0 to 19
16%
65 and plus
13%

Household composition (%)

Single person
45%
Single family
45%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
5%
Spanish
3%
Portuguese
1%
French
1%

House tenancy (%)

Renters
55%
Owners
45%

Schools and amenities

Estimated Budget