524 Egerton Street, London | Image 1

524 Egerton Street

London, East M

  • Commercial

$1,250,000
For Sale

Added 3 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R2-2

  • Age: No Data

  • Taxes: 7048

  • MLS®#: X10433597

  • Added: Nov 21, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: SUTTON GROUP PREFERRED REALTY INC.

Welcome to this purpose-built 6-plex, a prime multi-family investment opportunity. 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. The laundry hook-up is in the front basement storage room. 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!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: London

  • Community: East M

  • Availability Date: FLEXIBLE

Inside

  • Bathrooms: 16

  • Air Conditioning: N

  • Washrooms: 16

Utilities

  • Utilities: Yes

Building

  • Heat Type: Other

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 10

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 6 E EGERTON ST PLAN 320 (3RD) LONDON

  • Taxes: $7,048

  • Taxes Type: Annual

Land

  • Cross Street: DUNDAS TO EGERTON

  • Municipality District: London

  • Parcel Number: 083030024

  • Lot Depth: 184 Feet

  • Lot Frontage: 55 Feet

  • Zoning: R2-2

Additional Media

  • Virtual Tour: https://tours.clubtours.ca/cvtnb/352295

Commercial Specific

  • Total Area: 7016

  • Total Area Metric: Sq Ft

  • Lot Code: Building

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Map of 524 Egerton Street, London
JK-8

Holy Cross Separate School

Elementary: Catholic
1.45 km
JK-8

Trafalgar Public School

Elementary: Public
1.33 km
JK-8

Blessed Sacrament Separate School

Elementary: Catholic
1.55 km
5-8

St Mary School

Elementary: Catholic
1.02 km
JK-8

East Carling Public School

Elementary: Public
1.42 km
4-8

Lester B Pearson School for the Arts

Elementary: Public
1.51 km
9-12

Robarts Provincial School for the Deaf

Secondary: Provincial
2.46 km
9-12

G A Wheable Secondary School

Secondary: Public
2.21 km
9-12

Thames Valley Alternative Secondary School

Secondary: Public
0.98 km
9-12

B Davison Secondary School Secondary School

Secondary: Public
1.55 km
9-12

John Paul II Catholic Secondary School

Secondary: Catholic
2.24 km
9-12

H B Beal Secondary School

Secondary: Public
1.53 km
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