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$2,890,000

27 Beds 15 Baths 11,979 SQFT 0.43 Acres
Type: Multi-Family

308 EGERTON Street
London, ON N5Z2G7

MLS#: 40836007
Xiaozhou Geng
Xiaozhou Geng
Condo Digs
Sales Representative
Phone: 905.348.3318
Office: 416.883.0892
Presented by: COLDWELL BANKER PETER BENNINGER REALTY

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:7434)


 

Interior Features

Bedrooms

Bedrooms27

Other Interior Features

Basement TypeNone
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeBaseboard heaters, Radiant heat
Living Area Range11,979 sqft

General

AmenitiesPublic Transit
Building AppliancesMicrowave
Building Cooling TypeWall unit
Building.StoriesTotal2.5
Community FeaturesIndustrial Park
FeaturesIndustrial mall/subdivision, Laundry- Coin operated
Foundation TypePoured Concrete
Location DescriptionFrom 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.
Ownership TypeFreehold
Parking Space Total18
Property TypeMulti-family
Zoning DescriptionResidential R2-2

Exterior

Exterior FinishBrick Veneer, Steel
Land AmenitiesPublic Transit
SewerMunicipal sewage system

Additional Details

  

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$2,890,000

27 Beds 15 Baths 11,979 SQFT 0.43 Acres
Type: Multi-Family

308 EGERTON Street
London, ON N5Z2G7

MLS#: 40836007
Xiaozhou Geng
Xiaozhou Geng
Condo Digs
Sales Representative
Phone: 905.348.3318
Office: 416.883.0892
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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