525 Grosvenor Street, London East, ON N5Y 3S8
London East, ON, N5Y 3S8 · East B
About this property
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.)
Features & Amenities
- Basement: Finished
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 6 |
| Bathrooms | 3 |
| Basement | Finished |
| Garage | None |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $5,834 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Storage
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Block
- Roof
- Shingles
- Basement
- Finished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 4
- Parking Total
- 4.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 83.00
- Lot Width
- 30.75
Financial & Tax
- Tax Annual Amount
- $5,834
- Tax Year
- 2026
- Possession Type
- Immediate
- Possession Details
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 14
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 5
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Middlesex
- Cross Street
- Grosvenor & William
- Directions
- Head west on Grosvenor from Adelaide
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
525 Grosvenor Street, London East, ON N5Y 3S8, London East, ON, N5Y 3S8