Added 1 week ago
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Type: Multiplex
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Style: Other
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Size: 2500 sqft
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Lot Size: 47 x 249.31 Feet
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Age: 51-99 years
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Taxes: $4,332 per year
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Added: Jun 26, 2024 (1 week ago)
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Updated:
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Last Checked: 3 hours ago
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MLS®#: X8479624
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Listed By: Century 21 first canadian corp
Welcome to 573 Grey Street, London, ON, a property brimming with potential for savvy investors. This unique offering can be developed into a seven-unit multifamily property. Currently, the lot features three units: a three-bedroom bungalow and a one-bedroom dwelling unit and the rear of the property boasts a spacious garage and storage area, perfect for various uses. Development drawings are included in the listing pictures for your convenience. If development isn't in your immediate plans, you can operate the existing rentals and lease the back as a commercial storage unit. With downtown London undergoing significant expansion, this property is poised to become your best investment. Don't miss out on this exceptional opportunity at 573 Grey Street!
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Property
Status: Sale
Property Type: Multiplex
Style: Other
Size (sq ft): 2500
Age: 51-99
Area: London
Community: East K
Availability Date: Flexible
Assessment Amount: $181,000
Assessment Year: 2024
Inside
Bedrooms: 4
Bathrooms: 2
Kitchens: 2
Rooms: 11
Den/Family Room: Yes
Air Conditioning: Central Air
Fireplace: No
Washrooms: 2
Building
Basement: Unfinished
Heat Type: Forced Air
Heat Source: Gas
Exterior: Alum Siding
Exterior: Brick Front
Energy Certificate: N
Green Verification Status: N
Water Supply: Municipal
Physically Handicapped-Equipped: N
Special Designation: Unknown
Other Structures: Workshop
Retirement: N
Parking
Driveway: Private
Garage Spaces: 2
Garage Type: Detached
Covered Parking Spaces: 4
Total Parking Spaces: 6
Fees
Tax Year: 2023
Tax Legal Description: PT LTS 27 & 28 S/E GREY STREET , PL 178(E), AS IN 508739 CITY OF
Taxes: $4,332
Highlights
Feature: Library
Feature: Place Of Worship
Feature: Public Transit
Feature: Rec Centre
Feature: School
Feature: School Bus Route
Land
Cross Street: Adelaide St N
Municipality District: London
Fronting On: South
Parcel Number: 083140011
Parcel of Tied Land: N
Pool: None
Sewer: Sewers
Lot Depth: 249.31 Feet
Lot Frontage: 47 Feet
Lot Irregularities: See remarks
Acres: < .50
Zoning: R2-2
Very Walkable
- Most errands can be accomplished on foot.
Good Transit
- Some errands can be accomplished by public transportation.
Very Bikeable
- Most errands can be accomplished on bike.
Holy Rosary Separate School
Elementary: CatholicAberdeen Public School
Elementary: PublicSt Mary School
Elementary: CatholicLester B Pearson School for the Arts
Elementary: PublicSt. John French Immersion School
Elementary: CatholicLord Roberts Public School
Elementary: PublicG A Wheable Secondary School
Secondary: PublicB Davison Secondary School Secondary School
Secondary: PublicLondon South Collegiate Institute
Secondary: PublicLondon Central Secondary School
Secondary: PublicCatholic Central High School
Secondary: CatholicH B Beal Secondary School
Secondary: Public-
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