Main & Upper - 307 Grey Street, London East, Ontario N6B 1G7

Listed for:
$199,900
5 beds
2 baths
Listed 4 days ago
Duplex for rent: Main & Upper - 307 Grey Street, London East, Ontario N6B 1G7

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About

Wellington St & Horton St East Live, invest, and grow your equity all under one roof! 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, bathroom, fresh paint, new flooring, and updated bathroom and kitchen range hood vents, offering 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. (id:27476)

Property Highlights

MLS® Number
X13799460
Type
Multi-family
Community Name
East K
Land Size
28.5 x 165 FT
Parking Space Total
4

Building

Building Type
Duplex
Storeys
2.00
Square Footage
1500 - 2000 sqft
Bathrooms Total
2
Bedrooms Above Ground
5
Bedrooms Total
5
Amenities
Separate Electricity Meters Golf Nearby, Park, Place of Worship, Schools, Public Transit
Exterior Finish
Aluminum siding
Fireplace Present
No
Basement Type
Crawl space (Unfinished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Kitchen
Second level
3.18 m x 3.16 m
Bedroom
Second level
4.26 m x 2.81 m
Bedroom 2
Second level
4.22 m x 2.8 m
Bedroom 3
Second level
3.18 m x 2.79 m
Bathroom
Second level
2.46 m x 1.51 m
Living room
Main level
5.16 m x 3.36 m
Laundry room
Main level
2.88 m x 3.4 m
Kitchen
Main level
3.03 m x 3.43 m
Primary Bedroom
Main level
4.18 m x 3.8 m
Bedroom 2
Main level
4.03 m x 2.65 m
Bathroom
Main level
2.31 m x 2.31 m

Location

Learn more about this property
Listing provided by:
RE/MAX HALLMARK REALTY LTD.
MLS® number:
X13799460
Agent:
Yin-lynn Low
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