307 Grey Street Main & Upper, London East, ON

$199,900

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5

Beds

2

Baths

1,500

Square feet

About 307 Grey Street Main & Upper

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.

Features of 307 Grey Street Main & Upper

MLS® # X13799460
Price $199,900
Bedrooms 5
Bathrooms 2.00
Square Footage 1500-2000
Type Residential Freehold
Sub-Type Duplex
Style 2-Storey
Status Active

Community Information

Address 307 Grey Street Main & Upper
Area Middlesex
Subdivision East K
City London East
Province ON
Postal Code N6B 1G7

Amenities

Parking Spaces 3
Garages None
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling Other
Fireplace No
Basement Crawl Space, Unfinished
Kitchens 2

Exterior

Exterior Aluminum Siding

Listing Details

OfficeRE/MAX HALLMARK REALTY LTD.

Listing Map

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