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CAONLondonCentral London417 Grey St
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417 Grey St, London, ON

Real Estate

Sold

$X
$664,900

433

MLS® X12528828

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Triplex
Levels Residential
Size -
Garage No
Taxes $3,162
Lot Size 
Approx. Age 
MLS® Number X12528828

Property Address: 417 Grey St, London, ON, N6B1H1

Average square foot calculated using Size range provided by listing agent.

Description

Earn over $2100/mo NET with 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 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 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. Don't miss out on this high-yield property!Show Description
MLS® NumberX12528828
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementUnfinished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Dining Room:Main Floor7.22 × 12.11 ft

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417 Grey St, London, ON

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