grey st

2 Bedroom House has been listed for sale at 529 Grey St in London for $XXX,XXX. Chat with a local expert, book a tour.

529 Grey St, For Sale in London - Zoocasa

Endless possibilities! 2 bedrooms on the main floor and separate entrance to walk-out lower level 2 bedroom unit. Main floor is currently mid renovation drywalled with bare floors and no kitchen or bathroom and is a blank slate. Lower level fully finished. Add an additional residential unit (aru) in the deep rear yard to increase to 3 units. Redevelopment potential - situated on a 66 x 197 lot (large enough to sever for 2 x 33x 197 lots).  R2-2 zoning permitted uses - single detached dwellings, semi-detached dwellings, duplex dwellings, converted dwelling. Based on bill 23 - more homes built faster act, 2022, in theory, you could sever a lot and build a semi-detached dwelling on the lots with both units containing a lower apt, plus add a separate aru in each rear yard for a total potential total of 6 units. **all redevelopment options to be verified by the buyer and would be subject to municipal approvals**. London is encouraging this form of residential development to improve housing diversity, affordability, and sustainable land use.

Grey StHouse · London, ON

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