(MAIN FLOOR) - 307 GREY STREET, London East (East K)(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 2(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 3(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 4(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 5(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 6(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 7(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 8(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 9(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 10(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 11(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 12(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 13(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 14(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 15(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 16(MAIN FLOOR) - 307 GREY STREET, London East (East K) — photo 17
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For Lease · Multifamily

(MAIN FLOOR) - 307 GREY STREET, London East (East K)

(MAIN FLOOR) - 307 GREY STREET, London East (East K), ON N6B1G7

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

97%

About this property

Welcome to 307 Grey Street (Main Floor), a spacious two-bedroom rental unit in London, Ontario. This inviting main-floor residence features a bright living and dining area, a functional kitchen, and a bathroom with a window. The practical layout provides comfortable everyday living, complemented by laminate flooring and plenty of natural light. Residents will enjoy access to a shared laundry room and one parking space included in the lease. Conveniently located near parks, schools, public transit, shopping, and dining, this property offers easy access to everyday amenities.Currently vacant and available for immediate occupancy. Offered for lease at $1,800 per month. Schedule your showing today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

45,263

Households

16,901

Median income

$89,000

Median age

41.8

Daytime population

62,792

5-yr growth

1.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for (MAIN FLOOR) - 307 GREY STREET, London East (East K).

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.