For Sale - 307 Grey Street Unit# Main & Upper, London East, Ontario

Est payment $960/mo
Views   3
Time on Jump  12 day
  • Versatile duplex perfect for living and generating rental income.
  • Main floor unit has 2 bedrooms and spacious living area.
  • Recently renovated upper unit with 3 bedrooms and modern features.
  • Large lot with ample parking for tenants and visitors.
  • Close to shops, restaurants, parks, and schools for easy access.



Live, invest, and grow your equity all under one roof! This versatile duplex presents an outstanding opportunity for homeowners, investors, and those looking to build long-term wealth through real estate. Live in one unit while generating rental income from the other to help offset your mortgage or maximize cash flow by renting out both units. The main floor features 2 bedrooms, a spacious living area, and a functional kitchen, while the upper unit has been recently renovated with 3 bedrooms, a kitchen, bathroom, fresh paint, new flooring, and updated bathroom and kitchen range hood vents, offering modern and comfortable living space. Both units share a convenient common laundry room. This property provides excellent flexibility for a variety of investment strategies, including owner-occupancy with supplemental income, multi-generational living, or a fully tenanted investment property. The large lot offers ample parking, a highly sought-after feature for tenants and visitors. Adding to its appeal is the potential for future multiplex development (buyer to complete their own due diligence regarding zoning and development possibilities), making this not only an income-producing asset today but also a property with exciting long-term upside potential. Situated conveniently close to shopping, restaurants, parks, schools, public transit, and major highways, with western university just approximately 10 minutes away, this location offers strong rental appeal and convenient access to everyday amenities. Whether you're looking to generate immediate rental income, offset homeownership costs, expand your real estate portfolio, or explore future redevelopment opportunities, this property delivers exceptional value and versatility.
Listing IDX13799460
Address307 Grey Street Unit# Main & Upper
CityLondon East, Ontario
Price$199,900
Bed / Bath5 / 2 Full
Style2-Storey, Duplex
ConstructionAluminum Siding
Land Size4702.5
TypeMulti-Family
StatusFor Sale
Subtype DuplexIndoor Features Carpet Free, Separate Hydro MeterOutdoor Features PorchAmenities Golf, Park, Place Of Worship, Rec./Commun.Centre, School, Public TransitOwnership FreeholdBasement Crawl Space, UnfinishedFoundation Concrete, OtherHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Brokerage: RE/MAX HALLMARK REALTY LTD.

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307 Grey Street Unit# Main & Upper
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