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308 Egerton Street London, Ontario N5Z 2G7

27 Bedroom 15 Bathroom 11979 sqft
Wall Unit Baseboard Heaters, Radiant Heat

$3,400,000

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:61445)

Property Details

MLS® Number 40836007
Property Type Multi-family
AmenitiesNearBy Public Transit
CommunityFeatures Industrial Park
Features Industrial Mall/subdivision, Laundry- Coin Operated
ParkingSpaceTotal 18

Building

BathroomTotal 15
BedroomsTotal 27
Appliances Microwave
BasementType None
ConstructedDate 1970
CoolingType Wall Unit
ExteriorFinish Brick Veneer, Steel
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Baseboard Heaters, Radiant Heat
StoriesTotal 3
SizeInterior 11979 Sqft
UtilityWater Municipal Water

Parking

Open

Land

AccessType Highway Access
Acreage No
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeFrontage 66 Ft
SizeIrregular 0.43
SizeTotal 0.43 Ac|under 1/2 Acre
SizeTotalText 0.43 Ac|under 1/2 Acre
ZoningDescription Residential R2-2

https://www.realtor.ca/real-estate/29846044/308-egerton-street-london

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Tim Ingold
Broker


Coldwell Banker Peter Benninger Realty
508 Riverbend Dr.
Kitchener, Ontario N2K 3S2

Peter Benninger
Broker


Coldwell Banker Peter Benninger Realty
508 Riverbend Dr. (Commercial)
Kitchener, Ontario N2K 3S2

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