307 Grey Street
East K · London, ON N6B 1G7
Listing brokerage: RE/MAX HALLMARK REALTY LTD.
Asking price
$450,000
Key facts
- MultiplexProperty type
- 5Bedrooms
- 2Bathrooms
- 4 spacesParking
- 1,750 sq ftLiving space
- 28.5 ftLot frontage
- Oct 9, 2026Listed
- 31 daysOn market
- X13883672MLS® number
About this home
Live, invest, and grow your equity all under one roof! The sellers extensively upgraded and renovated this property. This versatile duplex presents an outstanding opportunity for homeowners, investors, and those looking to build long-term wealth through real estate. Live in one unit while generating rental income from the other to help offset your mortgage or maximize cash flow by renting out both units. The main floor features 2 bedrooms, a spacious living area, and a functional kitchen, while the upper unit has been recently renovated with 3 bedrooms, a kitchen, a bathroom, fresh paint, new flooring, and updated bathroom and kitchen range hood vents, offering a modern and comfortable living space. Both units share a convenient common laundry room. This property provides excellent flexibility for a variety of investment strategies, including owner-occupancy with supplemental income, multi-generational living, or a fully tenanted investment property. The large lot offers ample parking, a highly sought-after feature for tenants and visitors. Adding to its appeal is the potential for future multiplex development (buyer to complete their own due diligence regarding zoning and development possibilities), making this not only an income-producing asset today but also a property with exciting long-term upside potential. Situated conveniently close to shopping, restaurants, parks, schools, public transit, and major highways, with Western University just approximately 10 minutes away, this location offers strong rental appeal and convenient access to everyday amenities. Whether you're looking to generate immediate rental income, offset homeownership costs, expand your real estate portfolio, or explore future redevelopment opportunities, this property delivers exceptional value and versatility.
Price history
- Listed$450,000
Location
307 Grey Street, London
Schools & transit
School locations and boards shown from open data. We do not publish rankings; any future scores will be sourced, dated and shown factually.
Nearby schools
- London International AcademyPrivate · Secondary · 896 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- Aberdeen Public SchoolThames Valley DSB · Elementary · 918 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- Tecumseh Public SchoolThames Valley DSB · Elementary · 961 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
Nearby transit
No transit stop within 25 km of this address in the data we hold. We carry transit for the Greater Toronto Area only: TTC, GO Transit, UP Express, YRT/Viva, MiWay, Brampton Transit and Durham Region Transit.
Sources
- Contains information licensed under the Open Government Licence – Ontario. Source: Ontario Ministry of Education.
MLS® #X13883672
Last updated Oct 14, 2026
MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA)/the applicable board and identify the quality of services provided by real estate professionals who are members.
Listing data is provided under licence by the Toronto Regional Real Estate Board and is deemed reliable but not guaranteed accurate.