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$599,900
Available - For Sale
Listing ID: X13538868
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.)
Price $599,900
Taxes: $5,834
Assessment Year: 2025
Occupancy by: Tenant
Address: 525 Grosvenor Street , London East, N5Y 3S8, Middlesex
Directions/Cross Streets: Grosvenor & William
Rooms: 14
Bedrooms: 5
Bedrooms +: 1
Washrooms: 3
Family Room: T
Basement: Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 14.99 12.40
Room 2: Main Dining Ro 15.97 10.99
Room 3: Main Kitchen 15.65 9.97
Room 4: Main Bedroom 24.24 8.50
Room 5: Main Bathroom 3.94 4.92 2 Pc Bath
Room 6: Second Bedroom 19.32 15.97
Room 7: Second Bedroom 17.65 8.66
Room 8: Second Bedroom 14.73 9.97
Room 9: Second Bedroom 12.50 12.50
Room 10: Second Bathroom 4.92 7.87 4 Pc Bath
Room 11: Basement Bedroom 23.98 12.30
Room 12: Basement Laundry 12.50 8.50
Room 13: Basement Other 18.30 12.66
Room 14: Basement Bathroom 3.44 5.97
No. of Pieces Level
Washroom 1:  2
Washroom 2:  3
Washroom 3:  4
Washroom 4:  0
Washroom 5:  0
Washroom 6:  2
Washroom 7:  3
Washroom 8:  4
Washroom 9:  0
Washroom 10:  0
Washroom 11:  2
Washroom 12:  3
Washroom 13:  4
Washroom 14:  0
Washroom 15:  0
Washroom 16:  2
Washroom 17:  3
Washroom 18:  4
Washroom 19:  0
Washroom 20:  0
Washroom 21:  2
Washroom 22:  3
Washroom 23:  4
Washroom 24:  0
Washroom 25:  0
Property Type: Detached
Style: 2-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 4
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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525 Grosvenor Street , London East, N5Y 3S8, Middlesex


 
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London East
Neighbourhood: East B
Style: 2-Storey
Lot Size: x 83.00(Feet)
Approximate Age:
Tax: $5,834
Maintenance Fee: $0
Beds: 5+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson
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Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com



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