308 EGERTON Street, London, ON N5Z2G7
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308 EGERTON Street, London, ON N5Z2G7
308 EGERTON Street, London, ON N5Z2G7
308 EGERTON Street, London, ON N5Z2G7
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Danielle Pinnock

Danielle Pinnock

+1(519) 671-7653
$ 3,400,000
Est. payment /mo
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308 EGERTON Street London, ON N5Z2G7

27 Beds

15 Baths

11,979 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 11979

Square Footage 11,979 sqft

Price per Sqft $283

Subdivision East L

MLS® Listing ID 40836007

Bedrooms 27

Year Built 1970

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Freehold

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Radiant heat,

Cooling Wall unit

Exterior

Parking Features No

Community Features Industrial Park

View Y/N No

Attached Garage No

Total Parking Spaces 18

Garage No

Private Pool No

Building

Story 2.5

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by COLDWELL BANKER PETER BENNINGER REALTY

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Danielle Pinnock

Danielle Pinnock

+1(519) 671-7653

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308 EGERTON Street