308 EGERTON Street, London NEW LISTING

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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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.