London, ON N6B 1G2,175 Grey ST
London, ON N6B 1G2,175 Grey ST
London, ON N6B 1G2,175 Grey ST
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6
May
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7
May
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8
May
$950,000
Est. payment /mo
3,307 SqFt
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,307 sqft

Price per Sqft $287

Subdivision East K

MLS Listing ID X11932763

Annual Tax Amount $12,760

Tax Year 2024

Property Sub-Type Investment

Lot Depth 137.66

Lot Front 50.83

Property 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.

Location

Province ON

County Middlesex

Community East K

Area Middlesex

Zoning R3-1

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 50.83

Lot Depth 137.66


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Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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