525 GROSVENOR STREET, London East (East B) NEW LISTING

Brokered by: RE/MAX ICON REALTY

MLS®: X13538868 (Freehold)

Price: $649,900.00

Address: 525 GROSVENOR STREET, London East (East B)
FOR SALE
Postal Code: N5Y3S8
Style: Detached
Type: Single Family House
Bedrooms: 6
Bathrooms: 3
Bedrooms Aboveground:  5
Bedrooms Belowground:  1
Parking:  No Garage
Garage: No Garage
Lot Size (Approximate):   30 ft ,9 in x 83 ft
Property Size (Approximate):  30.8 x 83 FT
Stories:  2


About 525 Grosvenor Street

Fantastic investment opportunity in a prime London location! Welcome to 525 Grosvenor Street, a well-maintained 5+1 bedroom home currently fully rented and generating strong monthly rental income. The property is fully leased until May 2027 at $4,140 per month, offering stable, long-term cash flow for investors. Ideally situated just west of Adelaide Street and north of Oxford Street, this property is close to Western University, Fanshawe College, downtown, transit, shopping, restaurants, parks, and all major amenities, making it a highly desirable rental location. This spacious home offers an excellent layout for multi-tenant living. The main floor features an eat-in kitchen with two fridges, a living room, dining area, one bedroom, and a full bathroom. The main floor bedroom also provides access to an all-weather sunroom with a separate entrance, adding flexibility and convenience. A side entrance mudroom includes a large walk-in closet for additional storage. Upstairs you ll find four additional bedrooms, including an extra-large primary bedroom with a den, and a 4-piece bathroom. The basement includes a bedroom, a 3-piece bathroom, a laundry room, and a separate storage room. The home boasts fantastic curb appeal, parking for four vehicles, many new windows installed in 2010, blown-in insulation added in the attic, and an updated roof completed in 2016, providing added peace of mind for the next owner. Whether you re looking to expand your investment portfolio or secure a turn-key income property in one of London s most sought-after rental areas, this property checks all the boxes. Strong rental demand, an excellent location, and a spacious functional layout make this an outstanding opportunity for savvy investors.. (id:56071). Get more information on 525 Grosvenor Street

Property Features

Rental Equipment:  Water Heater
Directions:  Cross Streets: Grosvenor & William. ** Directions: Head west on Grosvenor from Adelaide.
Zoning Description:  R2-2
Interior Size (Approximate):  2000 - 2500 sqft
Lot (Approximate):  30.8 x 83 FT 30.8 x 83 FT
Exterior Finish:  Brick
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Central air conditioning
Age (Approximate): 
Foundation: Block
Basement:  N/A (Finished) Finished

Rooms & Sizes

(Approximate)

 Bedroom Second level 5.89 m x 4.87 m  Bedroom Second level 5.38 m x 2.64 m  Bedroom Second level 4.49 m x 3.04 m
 Bedroom Second level 3.81 m x 3.81 m  Bathroom Second level 1.5 m x 2.4 m  Bedroom Basement 7.31 m x 3.75 m
 Laundry room Basement 3.81 m x 2.59 m  Other Basement 5.58 m x 3.86 m  Bathroom Basement 1.05 m x 1.82 m
 Living room Main level 4.57 m x 3.78 m  Dining room Main level 4.87 m x 3.35 m  Kitchen Main level 4.77 m x 3.04 m
 Bedroom Main level 7.39 m x 2.59 m  Bathroom Main level 1.2 m x 1.5 m  

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.