308 Egerton Street, London, ON N5Z 2G7
308 Egerton Street, London, ON N5Z 2G7
308 Egerton Street, London, ON N5Z 2G7
308 Egerton Street, London, ON N5Z 2G7
308 Egerton Street, London, ON N5Z 2G7
308 Egerton Street, London, ON N5Z 2G7
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Team Mosaic

Team Mosaic

+1(519) 573-0371
$ 3,400,000
Est. payment | /mo

27 Beds

15 Baths

11,979 SqFt

Save
$ 3,400,000
Est. payment | /mo
Save

27 Beds

15 Baths

11,979 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 11,979 sqft

Price per Sqft $283

MLS Listing ID 40836007

Bedrooms 27

Abv Grd Liv Area 11,979

Year Built 1970

Annual Tax Amount $31,169

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Apartment

Source Cornerstone

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.

Location

Province ON

County Middlesex

Area East

Zoning Residential R2-2

Direction 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.

Rooms

Basement None

Kitchen 0

Interior

Interior Features Separate Heating Controls

Heating Baseboard, Natural Gas, Radiant

Cooling Wall Unit(s)

Fireplace No

Appliance Microwave, Dishwasher, Refrigerator, Stove

Laundry Coin Operated

Exterior

Roof Type Flat,Shingle

Lot Frontage 66.17

Garage No

Building

Lot Description Irregular Lot, Highway Access, Industrial Mall, Industrial Park, Library, Public Transit

Faces 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.

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick Veneer,Steel Siding

New Construction No

Others

Senior Community false

Tax ID 082970016

Ownership Freehold/None

Listed by COLDWELL BANKER PETER BENNINGER REALTY

Nearby Locations

GET MORE INFORMATION

Team Mosaic
Team Mosaic

Team | License ID: 5005399

+1(519) 573-0371 | cahit.tutak@exprealty.com

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308 Egerton Street