London, ON N6B1G2 175 Grey Street

$950,000

4 more

Presented By: Royal LePage Burloak Real Estate Services

MLS# 40691807
01/20/2025

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Beds • 14
SQFT • 3,307

Home Details

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.

Presented By: Royal LePage Burloak Real Estate Services

Interior Features for 175 Grey Street

Bedrooms

Total Bedrooms14

Bathrooms

Total Baths

Other Interior Features

Above Grade Finished Area3307

Above Grade Finished Area Unit TypeSquare Feet

Air Conditioning Y/NNo

BasementFull, Unfinished

Below Grade Finished Area Unit TypeSquare Feet

Fireplace Y/NNo

Heating Y/NYes

Interior AmenitiesNone

Laundry FeaturesIn-Suite

Total Stories1.5

General for 175 Grey Street

Additional Parcels Y/NNo

Attached Garage No

Building Area UnitsSquare Feet

Carport Y/NNo

CityLondon

Construction MaterialsVinyl Siding

CoolingCentral Air

CountyMiddlesex

DirectionsClarence St & Grey St

Electric On Property Y/NNo

Garage Y/NNo

HeatingForced Air

Land Lease Y/NNo

Lease Renewal Y/NNo

MLS AreaEast

MLS Area MinorEast J

ModificationTimestamp2025-02-28T22:05:28.293Z

New ConstructionNo

Number Of Units Total8

Open Parking Spaces5

Property Condition100+ Years

Property SubtypeMulti-6-9 Unit

Property TypeResidential Income

RoofMetal

Senior Community Y/NNo

SewerSewer (Municipal)

Standard StatusActive

StatusActive

Tax Annual Amount12760

Waterfront Y/NNo

ZoningR3-1

Exterior for 175 Grey Street

Building Area Total3307

Crops Included Y/NNo

Foundation DetailsBlock

Frontage Length50.83

Horse Y/NNo

InclusionsNone

Lot Dimensions137.66 x 50.83

Lot FeaturesPublic Transit, Schools

Number of Buildings0

Open Parking Y/NYes

SpaNo

Total Parking5

Water SourceMunicipal

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.

Price $950,000

MLS#40691807

List Date 01/20/2025

Property Type Income

Phone 289.816.2923

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