308 EGERTON Street (40836007)

Listing ID: 40836007

$2,890,000

Coldwell Banker Peter Benninger Realty

**308 EGERTON Street, London, Ontario, N5Z2G7**
Bathrooms15	Bedrooms27
Property TypeMulti-family	Built in1970
Lot Size0.43 acres	Building Area11979 sqft

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:33575)

**Details**
GarageNo	CarportNo
Attached GarageNo	Open ParkingYes
Parking Total18	WaterfrontNo
Community FeaturesIndustrial Park	Frontage Length66 ft
ViewNo

**Building**
Cooling TypeWall unit	CoolingYes
HeatingBaseboard heaters,Radiant heat	Heating FuelNatural gas
Levels2.5	Number Of Units Total15
PoolNo	SewerMunicipal sewage system
Stories2.5