Name: 417 GREY STREET, London East (East K) | MLS® X12435747
SKU: x12435747
Price: 698000.0 CAD
Availability: InStock

$698,000 Sale

Listed 6 hours ago

417 GREY STREET

MLS® x12435747 Triplex

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Beds · 4

Baths · 3.0

Parking · 3

Sqft · 1500 - 2000

Est. mortgage

$3,264/mo

Key Facts

Key facts for 417 GREY STREET

Property Type

Apartment, Triplex

Parking

Garage: No, 3 parking

MLS #

X12435747

Size

1500 - 2000 sqft

Basement

Unfinished, N/A (Unfinished)

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

This fully renovated VACANT triplex in London, ON, is a prime investment opportunity, offering modern finishes, excellent rental income potential, and a strong cap rate of over 8%. Situated on a deep lot with room for future development, this property features three beautifully updated units. Each u...nit boasts brand-new luxury vinyl plank flooring, stylish kitchens with quartz countertops in one unit, upgraded appliances (in all units), and elegant tiled backsplashes. The main floor unit is bright and open-concept, with direct access to the backyard, a newly renovated bathroom (2025), in-suite laundry, and a partially finished basement perfect for storage. It was previously rented for approximately $2,000 per month. The second unit is a well-designed studio apartment with contemporary finishes, generating around $1,350 per month. The upper-level unit features a spacious, open layout with two bedrooms and a brand-new shower, previously renting for $2,200 per month. With its turnkey condition, strong rental demand, and potential for additional development, this triplex is a rare opportunity for investors or those looking to live in one unit while renting out the others. (id:10452)

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Full Property Details

Interior

Bedrooms

Washrooms

3.0

Square Footage

1500 - 2000 sqft

Basement

Unfinished

Heating Source

Natural gas

Heating Type

Forced air

Kitchens

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

3.0

Square Footage

1500 - 2000 sqft

Basement

Unfinished

Heating Source

Natural gas

Heating Type

Forced air

Kitchens

Full Bathrooms

Half Bathrooms

Exterior

Acreage

35.1 x 165.4 FT ; 35.06 ft x 165.38 ft x 35.13 ft x 166.24|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

R3-1

Land Amenities

Hospital, Park, Place of Worship, Public Transit

Acreage

35.1 x 165.4 FT ; 35.06 ft x 165.38 ft x 35.13 ft x 166.24|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

R3-1

Land Amenities

Hospital, Park, Place of Worship, Public Transit

Building Description

Style

Triplex

Home Type

Apartment

Subtype

Triplex

Exterior

Brick

Sewers

Sanitary sewer

Water Supply

Municipal water

Fire Protection

Smoke Detectors

Style

Triplex

Home Type

Apartment

Subtype

Triplex

Exterior

Brick

Sewers

Sanitary sewer

Water Supply

Municipal water

Fire Protection

Smoke Detectors

Community

East K

Area Code

London East (East K)

Community

East K

Area Code

London East (East K)

Other

Virtual Tour Link

https://kuula.co/share/collection/7bWfR?logo=0&info=0&fs=1&vr=1&sd=1&initload=0&thumbs=1

Virtual Tour Link

https://kuula.co/share/collection/7bWfR?logo=0&info=0&fs=1&vr=1&sd=1&initload=0&thumbs=1

Room Types

Bathroom

Dimensions 2.26 m x 1.75 m

42.57 sqft

Bathroom

Dimensions 2.29 m x 1.51 m

37.22 sqft

Bedroom

Dimensions 3.35 m x 2.78 m

100.24 sqft

Murtaza Siddiqui

Email: [email protected] Cell: 613-805-1111