Primary photo of 308 EGERTON Street, London
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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

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

Mortgage Calculator

20% ($680,000)
5.5%
25 Years

Estimated Monthly Payment

$16,703

Principal and interest only. Actual rates may vary.

Location & Map

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