32
  • X12435747
  • MLS® Number
  • Property Type
  • Triplex, Residential
  • Acres
  • Land Area
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • Sqft
  • Area Size

417 Grey Street, London East, ON N6B 1H1

  • $698,000

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 8%. 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, a newly renovated bathroom (2025), in-suite laundry, and a partially finished basement perfect for storage. It was 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.

Details

MLS® Number X12435747
4 Bedrooms
3 Bathrooms
Updated on October 1, 2025 at 12:36 am

Additional details

  • Roof: Asphalt Shingle
  • Sewer: Sewer
  • Cooling: None
  • County: Middlesex
  • Property Type: Residential
  • Pool: None
  • Parking: Private
  • Architectural Style: 2-Storey

Address

  • Address: 417 Grey Street
  • City: London East
  • State/county: ON
  • Zip/Postal Code: N6B 1H1
  • Country: CA

Contact Information

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