525 Grosvenor Street, London East (East B), Ontario N5Y 3S8 (30006366)


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525 Grosvenor Street London East, Ontario N5Y 3S8

6 Bedroom 3 Bathroom 2000 - 2500 sqft
Central Air Conditioning Forced Air

$649,900

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. (Photos are from previous when Home was vacant) (id:60297)

Property Details

MLS® Number X13538868
Property Type Single Family
Community Name East B
EquipmentType Water Heater
ParkingSpaceTotal 4
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsAboveGround 5
BedroomsBelowGround 1
BedroomsTotal 6
BasementDevelopment Finished
BasementType N/a (finished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Block
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2000 - 2500 Sqft
Type House
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 83 Ft
SizeFrontage 30 Ft ,9 In
SizeIrregular 30.8 X 83 Ft
SizeTotalText 30.8 X 83 Ft
ZoningDescription R2-2

Rooms

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

https://www.realtor.ca/real-estate/30006366/525-grosvenor-street-london-east-east-b-east-b

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Brad Howard
Salesperson


RE/MAX Icon Realty
201 - 379 Southdale Road West
London, Ontario N6J 4G8

Daniel Mcculloch
Salesperson


RE/MAX Icon Realty
201 - 379 Southdale Road West
London, Ontario N6J 4G8

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