175 Grey St - Apartments FOR SALE


London, ON N6B 3N9
$985,000 CAD
905-634-7755
175 Grey St, London, ON for Sale
$985,000 CAD
Apartments - FOR SALE
1/4
null | Request Cap Rate

175 Grey St
London, ON N6B 3N9


HIGHLIGHTS

  • Lots of Natural Light
  • Ample Parking
  • Access to Public Transit and Highway

OVERVIEW

The Investments Group is pleased to present 175 Grey Street, a true value-add investment opportunity in London, Ontario. The property will be sold vacant with approved renovation permits to complete eight new units: one 3-bedroom, four 2-bedroom, and three 1-bedroom apartments, catering to the city's growing rental demand. Supported by multiple quotes for the work and professional property management, this property is primed for a seamless renovation process. Updates already completed include a new steel roof, boiler heating system, hot water tanks, and separately metered hydro.

FOR SALE DETAILS

PRICE

$985,000 CAD

PRICE/SF

$298 CAD /SF

# OF UNITS

8

PRICE/UNIT

$123,125

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,464 SF

ZONING

R3-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jacob CampagnaroRoyal LePage Burloak Real Estate ServicesMore Info
905-634-7755

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Jacob CampagnaroRoyal LePage Burloak Real Estate ServicesMore Info
905-634-7755

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.