Salehian.com 647-325-5000

307 Grey Street

East K, London East, N6B 1G7

$450,000

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  • 5 bedrooms
  • 2 bathrooms
  • 4 parking
  • 1500-2000 sq ft

Listed 11 days ago · MLS® X13883672

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.

Details

Type
Duplex
Style
2-Storey
Size
1500-2000 sq ft
Lot
28.5 × 165 ft
Basement
Crawl Space, Unfinished
Garage
None
Kitchens
2
Property tax
$2,245 (2026)
Neighbourhood
East K
Municipality
London East

Interior

Bedrooms
5 above ground
Bathrooms
1 × 4-piece (main), 1 × 4-piece (second)
Rooms
9 above ground
Family room or den
No
Fireplace
No
Features
Carpet Free, Separate Hydro Meter

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Aluminum Siding
Roof
Asphalt Shingle
Foundation
Concrete
Faces
East
Outdoor
Porch

Parking

Total parking
4
Driveway and parking
Front Yard Parking, Mutual

Lot

Size
28.5 × 165 ft

More

Possession
Immediate/TBD
Nearby
Golf, Park, Place Of Worship, Rec./Commun.Centre, School, Public Transit
Cross street
Wellington St & Horton St East

Rooms

RoomLevelSizeFeatures
Living RoomMain5.16 × 3.36 m (16'11" × 11')Separate Room, Laminate, Window
KitchenMain3.03 × 3.43 m (9'11" × 11'3")Separate Room, Backsplash, Window
Primary BedroomMain4.18 × 3.8 m (13'9" × 12'6")Window, Laminate
Bedroom 2Main4.03 × 2.65 m (13'3" × 8'8")Closet, Window, Laminate
BathroomMain2.31 × 2.31 m (7'7" × 7'7")4 Pc Bath, Window, Tile Floor
KitchenSecond3.18 × 3.16 m (10'5" × 10'4")Separate Room, Large Window, Laminate
BedroomSecond4.26 × 2.81 m (14' × 9'3")Closet, Window, Laminate
Bedroom 2Second4.22 × 2.8 m (13'10" × 9'2")Window, Laminate
Bedroom 3Second3.18 × 2.79 m (10'5" × 9'2")Window, Laminate
BathroomSecond2.46 × 1.51 m (8'1" × 4'11")4 Pc Bath, Window, Tile Floor
LaundryMain2.88 × 3.4 m (9'5" × 11'2")Separate Room, Swing Doors

History of this address

3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 4 grocery stores, 47 cafés and restaurants, 10 parks. Nearest grocery: Doris Family Produce (950 m). Nearest park: Hill Street Park (400 m).

Schools nearby

Elementary

  • Aberdeen Public School
    EQAO: Gr 6 reading 65%, math 33%    14 min walk
  • Tecumseh Public School
    EQAO: Gr 6 reading 83%, math 53%    16 min walk
  • St. Martin Separate School Catholic
    EQAO: Gr 6 reading 87%, math 42%    1.4 km
  • Lord Roberts Public School1.5 km

Secondary

  • Catholic Central High School Catholic
    EQAO: Gr 9 math 57%, literacy test 89%    16 min walk
  • H.B. Beal Secondary School
    EQAO: Gr 9 math 56%, literacy test 79%    17 min walk
  • London South Collegiate Institute
    EQAO: Gr 9 math 49%, literacy test 73%    17 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N6B

Owners / renters
23% / 77%
Median household income
$49,200
Average age
42
Children under 15
8%
Homes
13% detached, 42% high-rise
Commute by transit
14%
Population
11,101

Languages spoken most at home besides English: Spanish 1.1%, Portuguese 0.8%, Arabic 0.6%, Polish 0.5%.

Safety

Crime Severity Index for London police: 73 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown London: 1 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX HALLMARK REALTY LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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