Welcome to 573 Grey Street, London, ON, a property brimming with potential for savvy investors. This unique offering can be developed into a seven-unit multifamily property. Currently, the lot features three units: a three-bedroom bungalow and a one-bedroom dwelling unit and the rear of the property boasts a spacious garage and storage area, perfect for various uses. Development drawings are included in the listing pictures for your convenience. If development isn't in your immediate plans, you can operate the existing rentals and lease the back as a commercial storage unit. With downtown London undergoing significant expansion, this property is poised to become your best investment. Don't miss out on this exceptional opportunity at 573 Grey Street! (id:52373)
MLS® Number | X8479624 |
Property Type | Multi-family |
Community Name | East K |
AmenitiesNearBy | Place Of Worship, Public Transit, Schools |
CommunityFeatures | Community Centre, School Bus |
Features | Irregular Lot Size, Flat Site |
ParkingSpaceTotal | 6 |
Structure | Workshop |
BathroomTotal | 2 |
BedroomsAboveGround | 4 |
BedroomsTotal | 4 |
Appliances | Water Meter, Water Heater, Dryer, Refrigerator, Stove, Washer |
BasementDevelopment | Unfinished |
BasementType | N/a (unfinished) |
CoolingType | Central Air Conditioning |
ExteriorFinish | Brick Facing, Aluminum Siding |
FireProtection | Security System, Smoke Detectors |
FoundationType | Poured Concrete |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 2499.9795 - 2999.975 Sqft |
Type | Other |
UtilityWater | Municipal Water |
Detached Garage |
Acreage | No |
LandAmenities | Place Of Worship, Public Transit, Schools |
Sewer | Sanitary Sewer |
SizeDepth | 249 Ft ,3 In |
SizeFrontage | 47 Ft |
SizeIrregular | 47 X 249.3 Ft ; See Remarks |
SizeTotalText | 47 X 249.3 Ft ; See Remarks|under 1/2 Acre |
ZoningDescription | R2-2 |
https://www.realtor.ca/real-estate/27093701/573-grey-street-london-east-k
Contact us for more information
Durga Prasad Aaripaka
Salesperson
Richard Salhani
Salesperson