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 | $985,000 |
Taxes: | $12760.00 |
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 |
Category: | Apartment |
Building Percentage: | Y |
Total Area: | 3307.00 |
Total Area Code: | Sq Ft |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Sewers: | San+Storm |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Middlesex |
Municipality: | London |
Neighbourhood: | East K |
Lot Size: | 50.83 x 137.66(Feet) |
Tax: | $12,760 |