Living (3.36 × 5.16)
Separate Rm · Laminate · Window
Level: Main
307 Grey St
East K, London East, Ontario N6B 1G7
Description
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13883672
- Board
- TRREB MLS®
- Days on market
- Tax
- $2,245
- Size
- 1500-2000 sqft
- Lot
- 28.5 × 165 Feet
- Parking
- None, 4 Parking
Listing History
Buy/Sell history for 307 Grey St, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $450,000 | N/A | For Sale | X13883672 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Duplex
- Style
- 2-Storey
- Community
- East K
- Municipality
- London East
Inside
- Bedrooms
- 5
- Bathrooms
- 2
- Bathroom Detail
- 1, 4pc, Main
- Bathroom Detail
- 1, 4pc, 2nd
- Basement Type
- Crawl Space
- Kitchens
- 2
Utilities
- Water
- Municipal
- Cooling
- Other
- Heating Type
- Forced Air
Building
- Size
- 1500-2000 sqft
- Construction
- Alum Siding
Parking
- Driveway
- Front Yard, Mutual, Other
- Garage Type
- None
- Add. Parking
- 4
- Total Parking
- 4
Land
- Sewer
- Sewers
- Lot Size
- 28.5 × 165 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete, Other
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- Main Floor: Stainless Steel Refrigerator, Coil Range Stovetop with Oven, Ductless Range Hood, Dishwasher. Shared Laundry: Top Loader Clothes Washer and Front Loader Clothes Dryer. Upper Floor: White Refrigerator, Coil Range Stovetop with Oven, New Ducted Range Hood Fan and New Mobile AC Unit (August 2023). Furnace (2022), Sump Pump & System (July 2022), Electronic Door Lock Panels, Existing Window Coverings, Existing Light Fixtures and Existing Plumbing and Mechanical Equipment. AS-IS WHERE-IS FOR CHATTELS AND FIXTURES.
Rooms (11)
Kitchen (3.43 × 3.03)
Separate Rm · Backsplash · Window
Level: Main
Primary (3.8 × 4.18)
Window · Laminate
Level: Main
2nd Br (2.65 × 4.03)
Closet · Window · Laminate
Level: Main
Bathroom (2.31 × 2.31)
4 Pc Bath · Window · Tile Floor
Level: Main
Kitchen (3.16 × 3.18)
Separate Rm · Large Window · Laminate
Level: 2nd
Br (2.81 × 4.26)
Closet · Window · Laminate
Level: 2nd
2nd Br (2.8 × 4.22)
Window · Laminate
Level: 2nd
3rd Br (2.79 × 3.18)
Window · Laminate
Level: 2nd
Bathroom (1.51 × 2.46)
4 Pc Bath · Window · Tile Floor
Level: 2nd
Laundry (3.4 × 2.88)
Separate Rm · Swing Doors
Level: Main
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
14 records read 8 on record nearby 6 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m5 test or monitoring holes also recorded.
- Groundwater recorded about 3.2 m below ground nearbyThe middle water level in the well records within 500 m (76 records). It changes with the season and from spot to spot.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 8.4 km
Province of Ontario open data
Around the home
- Nearest rail line: 490 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- 3 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is London District Energy, 570 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by London Hydro Inc.
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$2,063
- Down payment$90,000
- Mortgage amount$360,000
- Total interest$258,900
- Total cost$708,900
Cash flow analysis
$2,063
Total monthly payment
$2,250
Break-even down payment
100%
Cash flow-$2,250
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$450,000
$450,000
CAD
Estimated market value
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