For Sale

524 Egerton Street, London, Ontario N5W3Z7

$1,250,000

524 Egerton Street, London, Ontario N5W3Z7 is For Sale and has a listing price of 1,250,000. The property is located in the East London neighbourhood. It's been on the website for 7 Days.

  • Multi-family
    Property Type
  • Other
    Building Type
  • 14
    Bedrooms
  • 8
    Bathrooms
  • 10
    Parking Spaces
  • MLS ID: X10426763
  • Office Name SUTTON GROUP PREFERRED REALTY INC.,SUTTON GROUP PR
Property Description

Welcome to this purpose-built 6-plex, a prime multi-family investment opportunity with high income potential. The property features 4 spacious two-bedroom units and 2 larger three floor, currently being used as 3 bedroom, 1.5 bathroom units, offering versatility and appeal to a wide range of tenants. All units are thoughtfully designed for comfortable living. The building includes convenient onsite parking located at the rear, providing hassle-free access for tenants. The property is heated by 3 boilers helping to keep heating costs down. This property is steps away from popular attractions like Western Fair, 100 Kellogg Lane, and a variety of charming boutique shops. Tenants will enjoy the lifestyle convenience of nearby dining, entertainment, and local businesses, all while being just minutes from public transportation and major roadways. Ideal for investors seeking a solid income property in a desirable location. Don’t miss this opportunity! (id:43137)

Property Details
  • Virtual Tour: Click Here
  • Bedrooms: 14
  • MLS ID: X10426763
  • Bathrooms: 8
  • Price: $1,250,000
  • Transaction Types: For Sale
  • Ref ID: 27656000
  • Year Built: N/A
  • Building Type: Other
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
11/21/2024 X10433597 $1,250,000 For Sale - -
11/15/2024 X10426763 $1,250,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
East London
  • $627,790 Average List Price
    based on 1 year
  • 40 New Listings
    based on 30 days
  • 25 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.69 % Up
  • Sold (12mo) 72
  • Rented (12mo) 14

  • 1 Month Change +1.3%
  • 3 Month Change +21.0%
  • 6 Month Change -10.5%
Walkscore
  • 65 Walk Score
    Somewhat Walkable
  • 50 Transit Score
    Good Transit
  • 68 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    79.01%
  • Commercial
    18.96%
  • Condo
    1.92%
  • Land for Sale
    0.11%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Basement2 Full (finished)
  • Heating System Hot Water Radiator Heat
  • Water Municipal Water
  • Exterior Aluminum Siding
  • Total Parking Spaces: 10
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 15/11/2024 00:00:00
  • Agent Name: BRANDON HUBBARD,BLAKE TRUDGEON
  • Last Updated: 19/11/2024 17:24:34
Open House Dates
  • 1. 24/11/2024 (Start time: 12:00 PM - End time: 4:00 PM)
  • 2. 24/11/2024 (Start time: 2:00 PM - End time: 4:00 PM)
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