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:53015)
| MLS® Number | X13538868 |
| Property Type | Single Family |
| Community Name | East B |
| Equipment Type | Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| 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 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| 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 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 5.89 m | 4.87 m | 5.89 m x 4.87 m |
| Second Level | Bedroom | 5.38 m | 2.64 m | 5.38 m x 2.64 m |
| Second Level | Bedroom | 4.49 m | 3.04 m | 4.49 m x 3.04 m |
| Second Level | Bedroom | 3.81 m | 3.81 m | 3.81 m x 3.81 m |
| Second Level | Bathroom | 1.5 m | 2.4 m | 1.5 m x 2.4 m |
| Basement | Bedroom | 7.31 m | 3.75 m | 7.31 m x 3.75 m |
| Basement | Laundry Room | 3.81 m | 2.59 m | 3.81 m x 2.59 m |
| Basement | Other | 5.58 m | 3.86 m | 5.58 m x 3.86 m |
| Basement | Bathroom | 1.05 m | 1.82 m | 1.05 m x 1.82 m |
| Main Level | Living Room | 4.57 m | 3.78 m | 4.57 m x 3.78 m |
| Main Level | Dining Room | 4.87 m | 3.35 m | 4.87 m x 3.35 m |
| Main Level | Kitchen | 4.77 m | 3.04 m | 4.77 m x 3.04 m |
| Main Level | Bedroom | 7.39 m | 2.59 m | 7.39 m x 2.59 m |
| Main Level | Bathroom | 1.2 m | 1.5 m | 1.2 m x 1.5 m |
https://www.realtor.ca/real-estate/30006366/525-grosvenor-street-london-east-east-b-east-b
Contact us for more information
Brad Howard
Salesperson
Daniel Mcculloch
Salesperson
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