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$ 950,000
Est. payment | /mo
3,307 SqFt
$ 950,000
Est. payment | /mo
3,307 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,307 sqft
Price per Sqft $287
Subdivision East K
MLS Listing ID X11932763
Annual Tax Amount $12,760
Tax Year 2024
Property Sub-Type Investment
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.
Location
Province ON
County Middlesex
Community East K
Area Middlesex
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 50.83
Lot Depth 137.66
Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN