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$950,000
Available - For Sale
Listing ID: X11932763
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.
Price $950,000
Taxes: $12,760
Tax Type: Annual
Assessment: $615000
Assessment Year: 2025
Occupancy by: Vacant
Address: 175 Grey St , London, N6B 1G2, Ontario
Postal Code: N6B 1G2
Province/State: Ontario
Lot Size: 50.83 x 137.66 (Feet)
Directions/Cross Streets: North West side of Wellington & Grey Street
Zoning: R3-1
Category: Apartment
Building Percentage: Y
Total Area: 3,307
Total Area Code:  Sq Ft
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

175 Grey St , London, N6B 1G2, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Middlesex
Municipality: London
Neighbourhood: East K
Style:
Lot Size: 50.83 x 137.66(Feet)
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Tax: $12,760
Maintenance Fee: $0
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