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:6289)

More Info on this East L MLS® listing

308 Egerton Street is a listing for sale in London. The MLS® number is 40836007. It was built in 1970, features 27 bedrooms, 15 bathrooms and covers 11,979 square feet. It's currently listed for $2,890,000. For more details on MLS® 40836007, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in East L is available now!

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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

Community Information

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

Amenities

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

Interior

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

Exterior

Exterior Steel, Brick Veneer
Lot Description 0.43
Foundation Poured Concrete

Additional Information

Zoning Residential R2-2

Listing Details

OfficeColdwell Banker Peter Benninger Realty

Listing Map

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