$ 799.900

573 Grey Street, London

  • Bedrooms: 4
  • Bathrooms: 2
  • Living area: 0.273 sqft
  • MLS®: x8481702
  • Type: Commercial
  • Added: 73 days ago
  • Updated: 2 days ago
  • Last Checked: 6 hours ago
Welcome to 573 Grey Street, London, ON, a property brimming with potential for savvy investors. This unique offering can be developed into a seven-unit multifamily property. Currently, the lot features three units: a three-bedroom bungalow and a one-bedroom dwelling unit and the rear of the property boasts a spacious garage and storage area, perfect for various uses. Development drawings are included in the listing pictures for your convenience. If development isn't in your immediate plans, you can operate the existing rentals and lease the back as a commercial storage unit. With downtown London undergoing significant expansion, this property is poised to become your best investment. Don't miss out on this exceptional opportunity at 573 Grey Street! (id:1945)

Property Details

  • Cooling: Partially air conditioned
  • Heating: Forced air, Natural gas
  • Structure Type: Multi-Tenant Industrial

Interior Features

  • Appliances: Washer, Refrigerator, Stove, Dryer
  • Living Area: 0.273
  • Bedrooms Total: 4

Exterior & Lot Features

  • Lot Features: Irregular lot size
  • Water Source: Municipal water
  • Parking Total: 4
  • Lot Size Dimensions: Bldg=47 x 249.31 FT ; See remarks

Location & Community

  • Directions: Adelaide St N

Tax & Legal Information

  • Tax Year: 2024
  • Tax Annual Amount: 4332.05
  • Zoning Description: R2-2
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Nearby Places

Name
Type
Address
Distance
H.B. Beal Secondary School
School
London
0.7 km
Western Fair
Establishment
316 Rectory Street
0.8 km
London Police Service
Police
601 Dundas St
0.9 km
Banting House National Historic Site
Museum
442 Adelaide St N
1.0 km
Catholic Central High School
School
450 Dundas St
1.1 km
Aeolian Hall
Establishment
795 Dundas St
1.1 km
Amici Italian Restaurant
Restaurant
350 Dundas St
1.2 km
Hilton London
Bar
300 King St
1.2 km
Delta London Armouries Hotel
Bar
325 Dundas St
1.2 km
The Canadian Medical Hall of Fame
Museum
267 Dundas St
1.4 km
London Public Library
Library
251 Dundas St
1.5 km
The Raja Fine Indian Cuisine
Restaurant
428 Clarence St
1.6 km

Demographic Information

Neighbourhood Education
Bachelor's degree 35
College 60
University degree at bachelor level or above 40
Neighbourhood Marital Status Stat
Married 100
Widowed 15
Divorced 50
Separated 15
Never married 190
Living common law 65
Married or living common law 165
Not married and not living common law 270
Neighbourhood Construction Date
1961 to 1980 15
2001 to 2005 10
1960 or before 185
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