Well-maintained duplex located in desirable East London, offering a fantastic opportunity for both investors and owner-occupiers. Situated on a 40' x 140' lot, this property features two self-contained units: a spacious 3-bedroom, 1-bathroom main floor unit and a 2-bedroom, 1-bathroom upper unit. The main floor is currently tenanted at $2,047.95/month plus electricity, while the upper unit is vacant-ideal for setting your own rent or owner occupancy. Each unit is separately metered for electricity, with tenants responsible for their own hydro. The landlord covers gas and water expenses. The home is equipped with a hot water radiator heating system, one owned tankless water heater, and one rented water heater. Additional highlights include on-site parking for up to four vehicles and a large backyard storage shed (2021). Property taxes are $4,057 (2025). Conveniently located just minutes from the Western Fair District, BMO Centre, 100 Kellogg Lane, Old East Village, and downtown, this property offers strong rental potential in a vibrant and growing area.
An excellent investment opportunity in the heart of London! Welcome to 784 Little Grey Street, a fully tenanted duplex perfect for first-time investors, house hackers, or those looking to expand their portfolio. The main floor unit (Unit A) features three bedrooms and a 4-piece bathroom, currently rented for $1998.00 per month plus electricity. The upper unit (Unit B) offers two bedrooms and a 4-piece bathroom, rented for $1588.00 per month plus electricity. Each unit is separately metered for electricity, with tenants paying their own electricity while the landlord covers gas and water. This turn-key property is fully tenanted with AAA+ tenants, offering low maintenance and consistent cash flow. Recent upgrades include new click vinyl flooring in Unit A, a roof replacement in 2019, a large shed added in 2021, one owned tankless water heater, one rented water heater, an owned hot water radiator heating system, and an owned window-mounted A/C unit in Unit B. The property also provides parking for four vehicles (three tandem, one single). Conveniently located near 100 Kellogg Lane, the Western Fair Artisan & Farmers Market, trendy restaurants, cocktail lounges, microbreweries, coffee shops, florists, bakeries, and the downtown core, this property offers both versatility and long-term value to any portfolio!
TREB #X4802897
Jun 22, 2020
Listed
$399,900
As the MLS and public records start to fill up, we'll list the details here.