525 GROSVENOR STREET, London, Ontario N5Y 3S8
$599,900.00
- 6 bedrooms
- 3 bathrooms
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. ... read more
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:25417)
Price reduced $50,000 (7.69%) from the list price.
- Listing ID: X13538868
- Property Type: Single Family
| Rooms | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 5.89 m x 4.87 m |
| Bedroom | Second level | 5.38 m x 2.64 m |
| Bedroom | Second level | 4.49 m x 3.04 m |
| Bedroom | Second level | 3.81 m x 3.81 m |
| Bathroom | Second level | 1.5 m x 2.4 m |
| Bedroom | Basement | 7.31 m x 3.75 m |
| Laundry room | Basement | 3.81 m x 2.59 m |
| Other | Basement | 5.58 m x 3.86 m |
| Bathroom | Basement | 1.05 m x 1.82 m |
| Living room | Main level | 4.57 m x 3.78 m |
| Dining room | Main level | 4.87 m x 3.35 m |
| Kitchen | Main level | 4.77 m x 3.04 m |
| Bedroom | Main level | 7.39 m x 2.59 m |
| Bathroom | Main level | 1.2 m x 1.5 m |
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