9
See all 9 photos
$985,000
Est. payment /mo
3,307 SqFt
Active
175 Grey ST London, ON N6B 1G2
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UPDATED:
01/21/2025 06:15 PM
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
Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES