525 Grosvenor Street London East, Ontario N5Y 3S8

6 Bedroom 3 Bathroom 2,000 - 2,500 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:49269)

Property Details

MLS® Number X13538868
Property Type Single Family
Community Name East B
Equipment Type Water Heater
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Above Ground 5
Bedrooms Below Ground 1
Bedrooms Total 6
Basement Development Finished
Basement Type N/a (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Block
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,000 - 2,500 Sqft
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 83 Ft
Size Frontage 30 Ft ,9 In
Size Irregular 30.8 X 83 Ft
Size Total Text 30.8 X 83 Ft
Zoning Description R2-2

Rooms

Level Type Dimensions
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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