Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
FR

Your personal VOWS Listing Portal is provided by Royal LePage Real Estate Services, Brokerage

  • Advertising

308 EGERTON Street, London, Ontario, N5Z 2G7

MLS® # 40836007
Investment For Sale In Hamilton Road, London, Ontario
$3,400,000
308 Egerton Street, London, ON
308 Egerton Street, London, ON
308 Egerton Street, London, ON
308 Egerton Street, London, ON
308 Egerton Street, London, ON
308 Egerton Street, London, ON
308 Egerton Street, London, ON
308 Egerton Street, London, ON
  • Advertising
308 EGERTON Street, London, Ontario, N5Z 2G7
$3,400,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Air Conditioning: Yes
  • Basement Type: None
  • Exterior Finish: Steel
  • Floor Space: 11979 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters, Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Microwave

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Highway access
  • Amenities Nearby: Public Transit
  • Built in: 1970
  • Community Features: Industrial Park
  • Features: Industrial mall/subdivision, Laundry- Coin operated
  • Floor Space (approx): 11979 Square Feet
  • Irregular: Yes
  • Lot Frontage: 66 Feet
  • Lot Size: 0.43 Acres
  • Zoning: Residential R2-2
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 18

Courtesy of: COLDWELL BANKER PETER BENNINGER REALTY

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

More Detail
Less Detail

Sales/Price History

Log in or create an account to see sold and historical listings information

Market Price Trends

Single family detached

0.28%

Price change (1 year)

40.55%

Price change (5 years)

All Properties

0.3%

Price change (1 year)

40.07%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 308 EGERTON Street, London, Ontario, N5Z 2G7

Demographic Information of 308 EGERTON Street, London, Ontario, N5Z 2G7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$63,468.68

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.58 %

High school certificate or equivalent

38.79 %

Apprenticeship trade certificate/diploma

4.25 %

College/non-university certificate

21.31 %

University certificate (below bachelor)

1.6 %

University Degree

15.47 %

Commuter

Travel To Work

By Car

76.63 %

By Public Transit

16.16 %

By Walking

4.92 %

By Bicycle

0.0 %

By Other Methods

2.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.19 %

Houses

43.81 %

Own Vs. Rent

More Detail
Less Detail
Back to top