Listed by Century 21 First Canadian Corp.

417 Grey Street is a Triplex, 2-Storey and is currently for Sale @ $778,000. Taxes in 2024 were $3,161.98.

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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. The 2-Storey on 417 Grey Street has 4 bedrooms, 3 bathrooms, and is located on a 165.38 x 35.06 ft loton < .50 acres in the community of East K .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!

Stove X3, Fridge X3, Washer & Dryer

The address 417 Grey Street was listed for sale (MLS# X12052448) on Tuesday, April 01, 2025.