175 Grey ST Active

London,ON N6B 1G2

$ 985000

- Bed

- Bath

3307 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,307 sqft

Price per Sqft $297

Subdivision East K

MLS Listing ID X11932763

Annual Tax Amount $12,760

Tax Year 2024

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Middlesex

Community East K

Area Middlesex

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 50.83

Lot Depth 137.66

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