
Multi-family For Sale
$3,400,000
MLS® Number: 40836007
Bedrooms
27
Bathrooms
15
Floor Area
11,979
Land Size
0.43
Year Built
1970
Multi-family For Sale
$3,400,000
Bedrooms
27
Bathrooms
15
Floor Area
11,979
Land Size
0.43
Year Built
1970
308 EGERTON Street, London, Ontario
About This Property
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.
Property Details
Interior Details
Appliances
Microwave
Basement
None
Bathrooms Total
15
Bedrooms Total
27
Cooling
Wall unit
Heating
Baseboard heaters, Radiant heat, Natural gas
Living Area
11979 sqft
Building & Exterior
Exterior Features
Steel, Brick Veneer
Foundation Details
Poured Concrete
Number Of Units Total
15
Parking Features
Open
Stories
2.5
Year Built
1970
Land & Location
Community Features
Industrial Park
Frontage Length
66.0 feet
Lot Features
Industrial mall/subdivision, Laundry- Coin operated
Lot Size Area
0.43 acres
Lot Size Dimensions
0.43
Postal Code
N5Z2G7
Subdivision Name
East L
Listing & Financials
Listing Office
COLDWELL BANKER PETER BENNINGER REALTY
Originating System Name
Cornerstone Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Parking Total
18
Listed By
COLDWELL BANKER PETER BENNINGER REALTY
Mortgage Calculator
Estimated Monthly Payment
$16,703
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$16,703
Principal and interest only. Actual rates may vary.