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

(UPPER FLOOR) - 307 GREY STREET E, London East (East K)

(UPPER FLOOR) - 307 GREY STREET E, 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

RA8 — Medium Rise

$ / SF

—

Occupancy

100%

About this property

Welcome to 307 Grey Street (Upper Floor), a recently renovated (July 2026), functional three-bedroom rental unit in London, Ontario. This inviting second-floor residence features a bright living area, a functional kitchen, and a bathroom with a window. Recent improvements include fresh paint, updated flooring, added exterior ventilation for the bathroom, and a brand-new kitchen range hood fan and exhaust vent to the exterior of the house, offering a refreshed and comfortable living space. The entire upper flooring was re-leveled, with new baseboards, new paint throughout all walls, trim, doors, and ceilings, and professionally cleaned. 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. Move-in ready unit! Currently vacant and available for immediate occupancy. Offered for lease at $1,550 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
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

128,851

Households

50,610

Median income

$81,000

Median age

41.6

Daytime population

217,451

5-yr growth

7.3%

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

Secure deal room

Confidential diligence documents for (UPPER FLOOR) - 307 GREY STREET E, 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.