ON
London
N5Z2G7
308 EGERTON Street
308 EGERTON Street, London, ON N5Z2G7
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Listing Type
Multi Family
Listing Status
Active
7
$3,400,000

Home Details for 308 EGERTON Street

Price
$3,400,000
Type
Residential Income
Bedrooms
27
Total Bathrooms
15
Year built
1970
Lot size acres
0.43
Listing #
40836007
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:31684)

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
    • Radiant
  • Cooling Information
    • Wall Unit(s)
Listing Courtesy: COLDWELL BANKER PETER BENNINGER REALTY
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