417 GREY STREET London

417 GREY STREET, London, Ontario

$778,000

  • 4 Beds
  • 3 Baths

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 7.5%. 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 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! (id:56241)

  • Listing ID: X12052448
  • Property Type: Multi-family

Schedule a Tour

Schedule Private Tour

Are you looking for a private viewing? Schedule a tour with one of our Ontario real estate agents.

Match your Lifestyle with your Home

Let us put you in touch with a REALTOR® who specializes in the Ontario market to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let one of our Ontario real estate agents help you find a property to match your lifestyle.

Rooms

LevelTypeDimensions
Bedroom Second level 3.35 m x 2.78 m
Bathroom Second level 2.26 m x 1.75 m
Bedroom 2 Second level 3.35 m x 2.8 m
Living room Second level 3.67 m x 2.77 m
Kitchen Second level 3.67 m x 2.8 m
Living room Main level 3.94 m x 5.68 m
Kitchen Main level 3.69 m x 3.48 m
Primary Bedroom Main level 2.78 m x 2.94 m
Bathroom Main level 2.29 m x 1.51 m
Primary Bedroom Main level 3.79 m x 5.67 m
Kitchen Main level 2.56 m x 1.51 m
Dining room Main level 3.69 m x 2.2 m
Bathroom Main level 2.15 m x 3.43 m

Details

  • Amenities Nearby: Hospital, Park, Place of Worship, Public Transit
  • Features: Flat site, Carpet Free
  • Parking Spaces: 3
  • Structure: Porch, Shed
  • Transaction: For sale
  • View: City view
  • Zoning Description: R3-1

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 4
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Foundation: Block
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1500 - 2000 sqft
  • Stories Total: 2
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Park, Place of Worship, Public Transit
  • Fence: Fenced yard
  • Sewer: Sanitary sewer
  • Size Frontage: 35 ft ,1 in
  • Size Irregular: 35.1 x 165.4 FT ; 35.06 ft x 165.38 ft x 35.13 ft x 166.24
MLS®

Listing provided by CENTURY 21 FIRST CANADIAN CORP
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 417 GREY STREET in London Ontario. It was last modified on April 1st, 2025. Contact us to schedule a viewing or to discover other London real estate for sale.

Request More Information

Want more information or schedule a showing? Let us put you in touch with one of our agents who specializes in Ontario properties.

Terms of Use Agreement

Terms of Use
This website is operated by Royal LePage® Meadowtowne Realty, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Royal LePage® Meadowtowne Realty, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Royal LePage® Meadowtowne Realty may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline