For Sale

175 Grey Street, London, Ontario N6B1G2

$950,000

175 Grey Street, London, Ontario N6B1G2 is For Sale and has a listing price of 950,000. The property is located in the neighbourhood. It's been on the website for 48 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • 5
    Parking Spaces
  • MLS ID: X11932763
  • Office Name ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Property Description

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. (id:43137)

Property Details
  • MLS ID: X11932763
  • Price: $950,000
  • Transaction Types: For Sale
  • Ref ID: 27823411
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
01/20/2025 X11932763 $985,000 For Sale - -
01/20/2025 40691807 $950,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London
  • $721,390 Average List Price
    based on 1 year
  • 316 New Listings
    based on 30 days
  • 77 Median Days on Market
    based on 1 year
  • List vs. Selling Price 239.46 % Up
  • Sold (12mo) 1,296
  • Rented (12mo) 314

  • 1 Month Change -10.3%
  • 3 Month Change +4.1%
  • 6 Month Change +4.9%
Walkscore
Property Type Distribution
  • All Houses
    71.97%
  • Commercial
    4.1%
  • Condo
    23.82%
  • Land for Sale
    0.11%
Additional Details
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 5
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 20/01/2025 00:00:00
  • Zoning R1 2
  • Agent Name: JACOB CAMPAGNARO
  • Last Updated: 28/02/2025 23:08:10
Open House Dates
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