308 EGERTON Street
London, Ontario
27 bed • 15 bath • Multi-family
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.
Price History
Property
- Lot Size
- 0.43 acres
Schools
Elementary
- Trafalgar Public School0.5 km
Public · Thames Valley DSB · 175 students
Grade 3 reading: 28% met the provincial standard · Grade 6 math: 9% met the provincial standard
- Lester B Pearson School for the Arts0.8 km
Public · Thames Valley DSB · 280 students
Grade 6 math: 82% met the provincial standard
- Ealing Public School1.2 km
Public · Thames Valley DSB · 200 students
Grade 3 reading: 72% met the provincial standard
Secondary
- B Davison Secondary School Secondary School0.9 km
Public · Thames Valley DSB
- G A Wheable Secondary School1.5 km
Public · Thames Valley DSB
- Thames Valley Alternative Secondary School1.5 km
Public · Thames Valley DSB · 250 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N5Z
- Population
- 24,067
- Private dwellings
- 11,008
- Median age
- 40
- Average household size
- 2.3
- Median household income
- $64,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in London · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of multi-family properties in London over the last 12 months.
Location
Mortgage Calculator
$680,000
Estimated Monthly Payment
$16,703
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $16,703/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $850/mo
Estimates only. Consult a financial advisor.
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