Fantastic investment opportunity in a prime London location! Welcome to 525 Grosvenor Street, a well-maintained 5+1 bedroom home currently fully rented and generating strong monthly rental income. The property is fully leased until May 2027 at $4,140 per month, offering stable, long-term cash flow for investors. Ideally situated just west of Adelaide Street and north of Oxford Street, this property is close to Western University, Fanshawe College, downtown, transit, shopping, restaurants, parks, and all major amenities, making it a highly desirable rental location. This spacious home offers an excellent layout for multi-tenant living. The main floor features an eat-in kitchen with two fridges, a living room, dining area, one bedroom, and a full bathroom. The main floor bedroom also provides access to an all-weather sunroom with a separate entrance, adding flexibility and convenience. A side entrance mudroom includes a large walk-in closet for additional storage. Upstairs you'll find four additional bedrooms, including an extra-large primary bedroom with a den, and a 4-piece bathroom. The basement includes a bedroom, a 3-piece bathroom, a laundry room, and a separate storage room. The home boasts fantastic curb appeal, parking for four vehicles, many new windows installed in 2010, blown-in insulation added in the attic, and an updated roof completed in 2016, providing added peace of mind for the next owner. Whether you're looking to expand your investment portfolio or secure a turn-key income property in one of London's most sought-after rental areas, this property checks all the boxes. Strong rental demand, an excellent location, and a spacious functional layout make this an outstanding opportunity for savvy investors. (Photos are from previous when Home was vacant) (id:15069)
| MLS® Number | X13538868 |
| Property Type | Single Family |
| Community Name | East B |
| Equipment Type | Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 6 |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 83 Ft |
| Size Frontage | 30 Ft ,9 In |
| Size Irregular | 30.8 X 83 Ft |
| Size Total Text | 30.8 X 83 Ft |
| Zoning Description | R2-2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 5.89 m | 4.87 m | 5.89 m x 4.87 m |
| Second Level | Bedroom | 5.38 m | 2.64 m | 5.38 m x 2.64 m |
| Second Level | Bedroom | 4.49 m | 3.04 m | 4.49 m x 3.04 m |
| Second Level | Bedroom | 3.81 m | 3.81 m | 3.81 m x 3.81 m |
| Second Level | Bathroom | 1.5 m | 2.4 m | 1.5 m x 2.4 m |
| Basement | Bedroom | 7.31 m | 3.75 m | 7.31 m x 3.75 m |
| Basement | Laundry Room | 3.81 m | 2.59 m | 3.81 m x 2.59 m |
| Basement | Other | 5.58 m | 3.86 m | 5.58 m x 3.86 m |
| Basement | Bathroom | 1.05 m | 1.82 m | 1.05 m x 1.82 m |
| Main Level | Living Room | 4.57 m | 3.78 m | 4.57 m x 3.78 m |
| Main Level | Dining Room | 4.87 m | 3.35 m | 4.87 m x 3.35 m |
| Main Level | Kitchen | 4.77 m | 3.04 m | 4.77 m x 3.04 m |
| Main Level | Bedroom | 7.39 m | 2.59 m | 7.39 m x 2.59 m |
| Main Level | Bathroom | 1.2 m | 1.5 m | 1.2 m x 1.5 m |
https://www.realtor.ca/real-estate/30006366/525-grosvenor-street-london-east-east-b-east-b
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