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$698,000
Ontario,London East (East K)
For Sale Active
417 GREY STREET, London East (East K), Ontario N6B1H1
  • 4
  • 3
  • 2,000 Sqft
Basic Details
Description

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-

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, a newly renovated bathroom (2025), 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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12435747
  • Price: $698,000
  • Bedrooms: 4
  • Bathrooms: 3
  • View: City view
  • Square Footage: 2,000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 47128
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Basement: Unfinished, N/A
  • Fence: Fenced yard
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, London East (East K), N6B1H1
  • Street: Grey
  • Street Number: 417
  • Street Suffix: Street
  • Longitude: W82° 45' 53''
  • Latitude: N42° 58' 45.4''
Additional Information
  • Lot Features:
  • Water Source:
  • Stories: 2.0
  • Lot Size Dimensions: 35.1 x 165.4 FT ; 35.06 ft x 165.38 ft x 35.13 ft x 166.24
  • Foundation Details:
Financial
  • Tax Annual Amount: 3161.98
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Listing updated: 2025-10-13 05:01:14
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Listing Information
  • List Agent Key: 2088081
  • List Office Key: 47128
  • Modification Timestamp: 2025-10-01T01:31:05Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2025-10-01T01:22:49Z
Powered by REALTOR.ca
Listing updated: 2025-10-13 05:01:15

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These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

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