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307 Grey St, London, ON

Name: 307 Grey St, For Sale in London - eXp Realty
Brand: RE/MAX HALLMARK REALTY LTD.
SKU: X13757168
Price: 398000 CAD

House

For Sale

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524

MLS® X13757168

Open House

Sat Sep 12, 2:00-5:00 PM EDT

Property Details
Map

Description

Live, invest, and grow your equity all under one roof! 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, bathroom, fresh paint, new flooring, and updated bathroom and kitchen range hood vents, offering 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:58753)Show Description

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage Yes

Taxes $2,245

Days Active 0

MLS® Number X13757168

Central VacNo

FireplaceNo

GarageYes

BasementUnfinished, Crawl space

DrivewayNo Garage

HeatForced air, Natural gas

Additional Information

Siding Vinyl Siding

Sewage System Other

Landscaping Carpet Free

Price History

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Home Appraisal

This property is estimated to sell between: $398,000 and $623,000.

Similar properties in this area sold on average for: $547,828

Expected to sell in 35 days. Similar properties sold in 35 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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