525 Grosvenor Street London East, Ontario N5Y 3S8

6 Bedroom 3 Bathroom 2,000 - 2,500 sqft
Central Air Conditioning Forced Air

$599,900

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.) (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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