307 Grey Street, London East (East K), Ontario

$450,000

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5

Beds

2

Baths

About 307 Grey Street

Live, invest, and grow your equity all under one roof! The sellers extensively upgraded and renovated this property. 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, a bathroom, fresh paint, new flooring, and updated bathroom and kitchen range hood vents, offering a 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:6289)

More Info on this East K Duplex MLS® listing

307 Grey Street is a duplex listing for sale in London East (East K). The MLS® number is X13883672. It features 5 bedrooms, 2 bathrooms. It's currently listed for $450,000. For more details on MLS® X13883672, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This duplex listing in East K is available now!

Selling your East K Duplex property?

Have a similar home to 307 Grey Street? If you’re thinking about selling your East K duplex property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your London East (East K) property.

Features of 307 Grey Street

Listing # X13883672
Price $450,000
Bedrooms 5
Bathrooms 2.00
Type Multi-family
Sub-Type Duplex

Community Information

Address 307 Grey Street
Area East K
Subdivision East K
City London East (East K)
Province Ontario
Postal Code N6B1G7

Amenities

Amenities Separate Electricity Meters
Utilities Sewer, Electricity, Cable
Features Carpet Free
Parking Spaces 4
Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Refrigerator, Dishwasher, Stove, Range, Oven, Dryer, Hood Fan, Window Coverings
Heating Forced air, Natural gas
Fireplace No
# of Stories 2
Has Basement No
Basement Unfinished, Crawl space

Exterior

Exterior Aluminum siding
Lot Description 28.5 x 165 FT
Foundation Concrete

Additional Information

Zoning R3-1

Listing Details

OfficeRE/MAX HALLMARK REALTY LTD.

Listing Map

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