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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

5 Beds

2 Baths

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Est. payment | -/mo

Save Virtual Tour

5 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision East K

MLS Listing ID X13883672

Style 2-Storey

Bedrooms 5

Annual Tax Amount $2,245

Tax Year 2026

Property Sub-Type Duplex

Property Description

Live, invest, and grow your equity all under one roof! The sellers extensively upgraded and renovated this property. This versatile duplex presents an outstanding opportunity for homeowners, investors, and those looking to build long-term wealth through real estate. Live in one unit while generating rental income from the other to help offset your mortgage or maximize cash flow by renting out both units. The main floor features 2 bedrooms, a spacious living area, and a functional kitchen, while the upper unit has been recently renovated with 3 bedrooms, a kitchen, a bathroom, fresh paint, new flooring, and updated bathroom and kitchen range hood vents, offering a modern and comfortable living space. Both units share a convenient common laundry room. This property provides excellent flexibility for a variety of investment strategies, including owner-occupancy with supplemental income, multi-generational living, or a fully tenanted investment property. The large lot offers ample parking, a highly sought-after feature for tenants and visitors. Adding to its appeal is the potential for future multiplex development (buyer to complete their own due diligence regarding zoning and development possibilities), making this not only an income-producing asset today but also a property with exciting long-term upside potential. Situated conveniently close to shopping, restaurants, parks, schools, public transit, and major highways, with Western University just approximately 10 minutes away, this location offers strong rental appeal and convenient access to everyday amenities. Whether you're looking to generate immediate rental income, offset homeownership costs, expand your real estate portfolio, or explore future redevelopment opportunities, this property delivers exceptional value and versatility.

Location

Province ON

County Middlesex

Area Middlesex

Zoning R3-1

Rooms

Family Room No

Basement Crawl Space, Unfinished

Kitchen 2

Interior

Interior Features Carpet Free, Separate Hydro Meter

Cooling Other

Inclusions Main Floor: Stainless Steel Refrigerator, Coil Range Stovetop with Oven, Ductless Range Hood, Dishwasher. Shared Laundry: Top Loader Clothes Washer and Front Loader Clothes Dryer. Upper Floor: White Refrigerator, Coil Range Stovetop with Oven, New Ducted Range Hood Fan and New Mobile AC Unit (August 2023). Furnace (2022), Sump Pump & System (July 2022), Electronic Door Lock Panels, Existing Window Coverings, Existing Light Fixtures and Existing Plumbing and Mechanical Equipment. AS-IS WHERE-IS FOR CHATTELS AND FIXTURES.

Exterior

Exterior Feature Porch

Parking Features Front Yard Parking, Mutual, Other

Pool None

Roof Type Asphalt Shingle

Lot Frontage 28.5

Lot Depth 165.0

Total Parking Spaces 4

Building

Foundation Concrete, Other

Others

Senior Community No

Security Features Smoke Detector

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/lu3nl_307_grey_st_london_on/

Listed by RE/MAX HALLMARK REALTY LTD.

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307 Grey ST London East, ON N6B 1G7