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

175 Grey St, London, Ontario N6B 1G2

Other
-
-
~3307 sqft
$•••,•••
$950,000
Get pre-qualifiedPowered by Neo Mortgage
Other
-
-
~3307 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$287/sqft

Est. Mortgage$4,080/mo

Tax Amount (2024)$12,760/yr

Days On Market137 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

StyleApartment
View-
Age of property-
SqFt~3307 SqFt
Lot Size6,997 SqFt(137.66 x 50.83)
Parking Spaces5
MLS ®NumberX11932763
Community NameCentral London
Data SourceTRREB
Listing byROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: Y

Features

Lot size: 6,997 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Central London

Geo Zone Map ThumbnailCentral London

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2024

41 days

2023

31 days

2022

10 days

New Listings

Past 30 days

62 listings

Compared to

2024

53 listings

2023

34 listings

2022

62 listings

Units sold

Past 30 days

16 units

Compared to

2024

24 units

2023

27 units

2022

20 units

Median Sold Price

Past 30 days

$426,750

Compared to

2024

$420,141

2023

$450,000

2022

$528,900


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget