ON > London > East K
London, ON N6B1H1,417 GREY STREET
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London, ON N6B1H1,417 GREY STREET
London, ON N6B1H1,417 GREY STREET
London, ON N6B1H1,417 GREY STREET
London, ON N6B1H1,417 GREY STREET
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Angie Hartmann

Angie Hartmann

+1(403) 589-5199
$ 778,000
Est. payment /mo
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417 GREY STREET London, ON N6B1H1

4 Beds

3 Baths

1,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $518

Subdivision East K

MLS® Listing ID X12052448

Bedrooms 4

Originating Board London and St. Thomas Association of REALTORS®

Property 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 7.5%. Situated on a deep lot with room for future development, this property features three beautifully updated units. Each unit 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, in-suite laundry, and a partially finished basement perfect for storage. It 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. Don't miss out on this high-yield property! (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 3.35 m X 2.78 m Bedroom

Extra Room 2 Second level 2.26 m X 1.75 m Bathroom

Extra Room 3 Second level 3.35 m X 2.8 m Bedroom 2

Extra Room 4 Second level 3.67 m X 2.77 m Living room

Extra Room 5 Second level 3.67 m X 2.8 m Kitchen

Extra Room 6 Main level 3.94 m X 5.68 m Living room

Interior

Heating Forced air

Exterior

Parking Features No

Fence Fenced yard

View Y/N Yes

View City view

Total Parking Spaces 3

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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Listed by CENTURY 21 FIRST CANADIAN CORP
agent

Angie Hartmann

Agent

+1(403) 589-5199

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417 GREY STREET