Unknown for 175 Grey St, London Ontario N6B 1G2
2 days on Market

175 Grey St, London, Ontario N6B 1G2

Townhouse
-
-
~3307 sqft
$985,000
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Townhouse
-
-
~3307 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$297/sqft

Est. Mortgage$4,230/mo

Tax Amount (2024)$12,760/yr

Days On Market2 days


Description

The Investments Group is pleased to present 175 Grey Street, a true value-add investment opportunity in London, Ontario. The property will be sold vacant with approved renovation permits to complete eight new units: one 3-bedroom, four 2-bedroom, and three 1-bedroom apartments, catering to the city's growing rental demand. Supported by multiple quotes for the work and professional property management, this property is primed for a seamless renovation process. Updates already completed include a new steel roof, boiler heating system, hot water tanks, and separately metered hydro.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~3307 SqFt
Lot Size6,997 SqFt(137.66 x 50.83)
Parking Spaces5
MLS ®Number40691807
Community NameCentral London
Data SourceITSO
Listing byRoyal LePage Burloak Real Estate Services

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Unfinished

Features

Lot size: 6,997 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Jan 20, 2025
ListedActive
$985,000
2 days on market
history photo preview9
Listing by itso®
Property listed by Royal LePage Burloak Real Estate Services, Brokerage
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Population and Demographics

Overview

Total population 16774
Average household income $95,260

Age (%)

20 to 34
38%
50 to 64
18%
35 to 49
17%
65 and plus
16%
0 to 19
10%

Household composition (%)

Single person
57%
Single family
33%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
Spanish
3%
Arabic
2%
French
2%
Portuguese
1%

House tenancy (%)

Renters
77%
Owners
23%

Schools and amenities

Estimated Budget