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$398,000

Est. payment - /mo

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5 Beds

2 Baths

1,500 SqFt

Open Sat 2PM-5PM

MAIN & UPPER - 307 GREY STREET London East (east K), ON N6B1G7

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Justin Negenman

justin.negenman@gmail.com +1(403) 815-3848

Open House

Sat Sep 12, 2:00pm - 5:00pm

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $265

Subdivision East K

MLS® Listing ID X13757168

Bedrooms 5

Property Description

Live, invest, and grow your equity all under one roof! This versatile duplex presents an outstanding opportunity for homeowners, investors, and those looking to build long-term wealth through real estate. Live in one unit while generating rental income from the other to help offset your mortgage or maximize cash flow by renting out both units. The main floor features 2 bedrooms, a spacious living area, and a functional kitchen, while the upper unit has been recently renovated with 3 bedrooms, a kitchen, bathroom, fresh paint, new flooring, and updated bathroom and kitchen range hood vents, offering modern and comfortable living space. Both units share a convenient common laundry room. This property provides excellent flexibility for a variety of investment strategies, including owner-occupancy with supplemental income, multi-generational living, or a fully tenanted investment property. The large lot offers ample parking, a highly sought-after feature for tenants and visitors. Adding to its appeal is the potential for future multiplex development (buyer to complete their own due diligence regarding zoning and development possibilities), making this not only an income-producing asset today but also a property with exciting long-term upside potential. Situated conveniently close to shopping, restaurants, parks, schools, public transit, and major highways, with Western University just approximately 10 minutes away, this location offers strong rental appeal and convenient access to everyday amenities. Whether you're looking to generate immediate rental income, offset homeownership costs, expand your real estate portfolio, or explore future redevelopment opportunities, this property delivers exceptional value and versatility. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 3.18 m X 3.16 m Kitchen

Extra Room 2 Second level 4.26 m X 2.81 m Bedroom

Extra Room 3 Second level 4.22 m X 2.8 m Bedroom 2

Extra Room 4 Second level 3.18 m X 2.79 m Bedroom 3

Extra Room 5 Second level 2.46 m X 1.51 m Bathroom

Extra Room 6 Main level 5.16 m X 3.36 m Living room

Interior

Heating Forced air

Flooring Laminate, Tile

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Virtual Tour https://unbranded.youriguide.com/lu3nl_307_grey_st_london_on/

Listed by RE/MAX HALLMARK REALTY LTD.

NEARBY SCHOOL & BUSINESS

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Justin Negenman

Agent

+1(403) 815-3848

MAIN & UPPER - 307 GREY STREET London East (east K), ON N6B1G7

Justin Negenman

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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MAIN & UPPER - 307 GREY STREET