784 LITTLE GREY STREET, London East (East L), Ontario, N5Z1P1

Property Description

Excellent investment opportunity with ONE VACANT RENOVATED UNIT! Welcome to 784 Little Grey Street, a well-maintained duplex on a large deep lot in the heart of London, perfect for first-time investors, house hackers, or those looking to expand their real estate portfolio. The main floor unit (Unit A) features three bedrooms and a four-piece bathroom, currently rented for $2047.95 plus electricity, while the upper unit (Unit B) offers two bedrooms, a four-piece bathroom, and has been recently renovated and is currently vacant. Each unit is separately metered for electricity, with tenants paying their own electricity and the landlord covering gas and water. The property includes many updates such as new click vinyl flooring in Unit A, a new washing machine in Unit A, a large shed added in 2021, one owned tankless water heater, one rented water heater, and an owned hot water radiator system. With parking for four vehicles (three tandem and one single) and a prime location near 100 Kellogg Lane, Western Fair Market, trendy restaurants, cocktail lounges, microbreweries, coffee shops, florists, bakeries, and the downtown core, this property offers versatility, reliable income, and long-term growth potential. Rent receipts available on request. (id:64974)

Quick Facts

• Property Type: Duplex
• Bedrooms: 5 (5 above)
• Bathrooms: 2
• Attached: Yes
• Parking: 4 spaces (No Garage)
• Frontage: 40 ft (12.2 m)

Costs

• Annual Taxes: $4,057.00 (2025)

Listing Provided by: ROYAL LEPAGE TRILAND REALTY
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.