$599,900
Available - For Sale
Listing ID: X13538868
525 Grosvenor Street , London East, N5Y 3S8, Middlesex
| 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: | $5834.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 525 Grosvenor Street , London East, N5Y 3S8, Middlesex |
| Directions/Cross Streets: | Grosvenor & William |
| Rooms: | 14 |
| Bedrooms: | 5 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 14.99 | 12.4 | |
| Room 2 | Main | Dining Ro | 15.97 | 10.99 | |
| Room 3 | Main | Kitchen | 15.65 | 9.97 | |
| Room 4 | Main | Bedroom | 24.24 | 8.5 | |
| 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 | 12.5 | 12.5 | |
| Room 10 | Second | Bathroom | 4.92 | 7.87 | 4 Pc Bath |
| Room 11 | Basement | Bedroom | 23.98 | 12.3 | |
| Room 12 | Basement | Laundry | 12.5 | 8.5 | |
| Room 13 | Basement | Other | 18.3 | 12.66 | |
| Room 14 | Basement | Bathroom | 3.44 | 5.97 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | |
| Washroom Type 2 | 3 | |
| Washroom Type 3 | 4 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 2 | |
| Washroom Type 7 | 3 | |
| Washroom Type 8 | 4 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 2 | |
| Washroom Type 12 | 3 | |
| Washroom Type 13 | 4 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 2 | |
| Washroom Type 17 | 3 | |
| Washroom Type 18 | 4 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 2 | |
| Washroom Type 22 | 3 | |
| Washroom Type 23 | 4 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Total Area: | 0.00 |
| 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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Arthur Sercan & Jenny Spanos
Sales Representative
Dir:
416-723-4688
Bus:
416-445-8855
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East B |
| Style: | 2-Storey |
| Tax: | $5,834 |
| Beds: | 5+1 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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