<-- style PDP --> 417 Grey Street, London East - Triplex for sale for $664,900
  • sold

417 Grey Street

London East, Ontario, N6B 1H1 - East K

$664,900$000000

  • Neighbourhood

    East K

  • Major Intersection

    Colborne

  • Listed Since: 173 day(s)

  • Last update: 151 day(s) ago

Overview

  • Property Type

    Triplex, 2-Storey

  • Bedrooms

    4

  • Bathrooms

    3

  • Basement

    Unfinished

  • Kitchen

    3

  • Total Parking

    3

  • Lot Size

    35.06x165.38 (Feet)

  • Taxes

    $3,161.98 (2024)

  • Type

    Freehold

Property Description

Property description for 417 Grey Street, London East

Earn over $2100/mo NET with 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 8%. 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 was 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!

Listed by CENTURY 21 FIRST CANADIAN CORP

  • MLS #

    X12528828

  • Sq. Ft

    1500-2000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    Y

  • Year Built

    51-99

  • Pool

    None

  • Drive

    Private

  • Garage

    None

  • Total Parking

    3

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Block

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    Main

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    3.94 x 5.68 ft Main level

  • Kitchen

    3.69 x 3.48 ft Main level

  • Primary

    2.78 x 2.94 ft Main level

  • Bathroom

    2.29 x 1.51 ft Main level

    4 Pc Bath

  • Primary

    3.79 x 5.67 ft Main level

  • Kitchen

    2.56 x 1.51 ft Main level

  • Dining

    3.69 x 2.2 ft Main level

  • Bathroom

    2.15 x 3.43 ft Main level

    3 Pc Bath

  • Living

    3.67 x 2.77 ft 2nd level

  • Kitchen

    3.67 x 2.8 ft 2nd level

  • Br

    3.35 x 2.78 ft 2nd level

  • Bathroom

    2.26 x 1.75 ft 2nd level

  • 2nd Br

    3.35 x 2.8 ft 2nd level

  • MLS #

    X12528828

  • Sq. Ft

    1500-2000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    Y

  • Year Built

    51-99

  • Pool

    None

  • Drive

    Private

  • Garage

    None

  • Total Parking

    3

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Block

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    Main

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    3.94 x 5.68 ft Main level

  • Kitchen

    3.69 x 3.48 ft Main level

  • Primary

    2.78 x 2.94 ft Main level

  • Bathroom

    2.29 x 1.51 ft Main level

    4 Pc Bath

  • Primary

    3.79 x 5.67 ft Main level

  • Kitchen

    2.56 x 1.51 ft Main level

  • Dining

    3.69 x 2.2 ft Main level

  • Bathroom

    2.15 x 3.43 ft Main level

    3 Pc Bath

  • Living

    3.67 x 2.77 ft 2nd level

  • Kitchen

    3.67 x 2.8 ft 2nd level

  • Br

    3.35 x 2.78 ft 2nd level

  • Bathroom

    2.26 x 1.75 ft 2nd level

  • 2nd Br

    3.35 x 2.8 ft 2nd level

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 417 Grey Street, London East

This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Estimated price

Date
Price
Change
2025-11-10
$638,174
0.00%

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Closing Cost Calculator

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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