308 Egerton Street, London, Ontario

$2,890,000

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27

Beds

15

Baths

11,979

Square feet

0.43

Acres

About 308 Egerton Street

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:36535)

Features of 308 Egerton Street

Listing # 40836007
Price $2,890,000
Bedrooms 27
Bathrooms 15.00
Square Footage 11,979
Acres 0.43
Year Built 1970
Type Multi-family
Sub-Type Freehold

Community Information

Address 308 Egerton Street
Subdivision East L
City London
Province Ontario
Postal Code N5Z2G7

Amenities

Amenities Public Transit
Features Industrial mall/subdivision, Laundry- Coin operated
Parking Spaces 18
Parking Open
Is Waterfront No
Has Pool No

Interior

Appliances Microwave
Heating Natural gas Baseboard heaters, Radiant heat
Cooling Wall unit
Fireplace No
# of Stories 3
Has Basement No
Basement Type None

Exterior

Exterior Brick Veneer, Steel
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of COLDWELL BANKER PETER BENNINGER REALTY

Listing Map