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    For Sale - 525 Grosvenor Street, London East, Ontario

    Est payment $2,881/mo
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    Views   3
    Time on Jump  92 day

    AI Summary *

    • Fully leased 5+1 bedroom home with rental income starting from day one.
    • Located near Western University, Fanshawe College, shops, and restaurants.
    • Main floor includes eat-in kitchen, living and dining areas, and sunroom.
    • Upstairs features spacious primary bedroom, den, and four total bedrooms.
    • Parking available for four vehicles with additional storage options.




    Investment opportunity at 525 grosvenor street, now with a $50,000 price reduction. This 5+1 bedroom home is fully leased until may 2027 at $4,140 per month, offering rental income from day one. The sellers are motivated, open to serious offers, and would welcome a closing before year-end. Located just west of adelaide street and north of oxford street, the property is convenient to western university, fanshawe college, downtown, transit, shopping, and restaurants. The main floor features an eat-in kitchen with two fridges, living and dining areas, one bedroom, and a full bathroom. The bedroom opens to an all-weather sunroom with a separate entrance. A side-entry mudroom provides additional storage with a large walk-in closet. Upstairs are four bedrooms, including a spacious primary bedroom with a den, plus a 4-piece bathroom. The basement offers a sixth bedroom, a 3-piece bathroom, laundry, and a separate storage room. The property has parking for four vehicles. Improvements include many windows installed in 2010, blown-in attic insulation, and a roof updated in 2016. A substantial, income-producing property with an existing lease and a flexible layout. (some photos are virtually staged from images taken while the home was vacant.)
    Listing IDX13538868
    Address525 Grosvenor Street
    CityLondon East, Ontario
    Price$599,900
    Bed / Bath6 / 3 Full
    Style2-Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features StorageOwnership FreeholdBasement FinishedFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: RE/MAX ICON REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    525 Grosvenor Street
    London East , Ontario
    6 3 $599,900
    Get more info