308 Egerton Street, London, Ontario N5Z 2G7

Listed for:
$3,400,000
27 beds
15 baths
Listed 28 days ago
308 Egerton Street, London, Ontario N5Z 2G7

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About

From Hwy 401 and Highbury Ave. S. interchange take Highbury Ave. S. north to Hamilton Road, turn left on Hamilton Road. Turn right onto Egerton Street. Drive north past Trafalgar Street to arrive at 308 Egerton Street on your left. Rare value-add multi-residential investment opportunity in a high-demand rental corridor of London, Ontario. 308 Egerton Street presents investors with the opportunity to acquire a strategically located apartment building offering stable income, strong tenant demand, and significant long-term growth potential. Positioned minutes from Downtown London, major employment centres, public transit routes, the Western Fair District, and a wide range of amenities, the property benefits from a highly accessible location that continues to attract quality tenants. The building offers opportunities to enhance cash flow through continued operational efficiencies, rental optimization. Strong rental fundamentals, low vacancy trends, and London's growing population support long-term appreciation and income growth. An excellent addition to any real estate portfolio, whether for private investors seeking reliable cash flow or larger operators looking to expand their multi-family holdings in one of Southwestern Ontario's strongest rental markets. Properties of this scale and location are increasingly difficult to secure. A compelling opportunity to acquire a well-positioned multi-residential asset with both immediate income and future upside potential. (id:27476)

Property Highlights

MLS® Number
40836007
Type
Multi-family
Ownership Type
Freehold
Land Size
0.43 ac|under 1/2 acre
Parking Space Total
18

Building

Storeys
2.50
Square Footage
11979 sqft
Bathrooms Total
15
Bedrooms Total
27
Amenities
Public Transit
Exterior Finish
Brick Veneer, Steel
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Baseboard heaters, Radiant heat
Heating Fuel
Natural gas
Building Cooling Type
Wall unit

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
COLDWELL BANKER PETER BENNINGER REALTY
MLS® number:
40836007
Agent:
Tim Ingold
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