Brokered by: COLDWELL BANKER PETER BENNINGER REALTY
MLS®: 40836007 (Freehold)
Price: $3,400,000.00
Address: 308 EGERTON Street, London FOR SALE Subdivision: East L Postal Code: N5Z2G7 Style: Bedrooms: 27 Bathrooms: 15 Parking: Open Garage: Open Lot Size: 66 ft x Property Size: 0.43 Stories: 2.5
About 308 Egerton Street
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:56071). Get more information on 308 Egerton Street
Property Features
Appliances: Microwave Features: Industrial mall/subdivision, Laundry- Coin operated Rental Equipment: Directions: From Hwy 401 and Highbury Ave. S. interchange take Highbury Ave. S. north to Hamilton Road, turn left on Hamilton Road. Turn right onto Egerton Street. Drive north past Trafalgar Street to arrive at 308 Egerton Street on your left. Zoning Description: Residential R2-2 Interior Size: 11979 sqft Community Features: Industrial Park Access: Highway access Lot: 0.43 ac|under 1/2 acre 0.43 Exterior Finish: Brick Veneer, Steel Water: Municipal water, Municipal sewage system Heating / Cooling: Natural gas / Wall unit Age: 1970 Foundation: Poured Concrete Constructed Date: 1970 Basement: None
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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