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London East (east K), ON N6B1H1,417 GREY STREET
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London East (east K), ON N6B1H1,417 GREY STREET
London East (east K), ON N6B1H1,417 GREY STREET
London East (east K), ON N6B1H1,417 GREY STREET
London East (east K), ON N6B1H1,417 GREY STREET
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CHRIS HOLM

CHRIS HOLM

+1(250) 309-0039
$ 778,000
Est. payment /mo
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417 GREY STREET London East (east K), ON N6B1H1

4 Beds

3 Baths

1,099 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,099 sqft

Price per Sqft $707

Subdivision East K

MLS® Listing ID X12052448

Bedrooms 4

Originating Board London and St. Thomas Association of REALTORS®

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 3.35 m X 2.78 m Bedroom

Extra Room 2 Second level 2.26 m X 1.75 m Bathroom

Extra Room 3 Second level 3.35 m X 2.8 m Bedroom 2

Extra Room 4 Second level 3.67 m X 2.77 m Living room

Extra Room 5 Second level 3.67 m X 2.8 m Kitchen

Extra Room 6 Main level 3.94 m X 5.68 m Living room

Interior

Heating Forced air

Exterior

Parking Features No

Fence Fenced yard

View Y/N Yes

View City view

Total Parking Spaces 3

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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Listed by CENTURY 21 FIRST CANADIAN CORP
agent

CHRIS HOLM

PERSONAL REAL ESTATE CORPORATION | License ID: 10430

+1(250) 309-0039

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