REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 599,900
Est. payment /mo
Price Dropped by $50K
525 Grosvenor ST London East, ON N5Y 3S8
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision East B
MLS Listing ID X13538868
Style 2-Storey
Bedrooms 5
Annual Tax Amount $5,834
Tax Year 2026
Property Sub-Type Detached
Property Description
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.)
Location
Province ON
County Middlesex
Area Middlesex
Rooms
Family Room Yes
Basement Finished
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Storage
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Shingles
Lot Frontage 30.75
Lot Depth 83.0
Total Parking Spaces 4
Building
Foundation Block
Others
ParcelsYN No
Listed by RE/MAX ICON REALTY
GET MORE INFORMATION
Nick Soloviov
Real Estate Agent - Landpower Real Estate LTD. License ID: 5013486