417 Grey St
East K, London East
$749,900
Buy with Dwelly and Save $7,499
Home Details
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Listing Description
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 7.5%. 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
City: London East
Neighborhood: East K
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Apr 1, 2025 | 62 | $778,000 | N/A | Terminated | X12052448 |
Rooms
Room dimensions for 417 Grey St, London East
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 417 Grey St is 3960
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $749900 |
| Down Payment | $149980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $599920 |
Monthly Payment
| Mortgage Payment | $3697 |
| Property Taxes | $264 |
| Maintenance Fees | $0 |
| Monthly Payment | $3960 |
Sold Comparables
Sold Comparables homes near 417 Grey St, London East
About 417 Grey St, London East
Located at 417 Grey St , this London East house is available for sale. This property was listed for $749,900 on Mon Jun 02 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Kitchen, Primary, Bathroom, Primary, Kitchen, Dining, Bathroom, Living, Kitchen, Br, Bathroom, 2nd Br. This property comes with 3 parking spots. 417 Grey St, London East is situated in the East K neighbourhood.
MLS#: X12188938 · $749,900 · 4 bedroom house in East K, London East