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529 Grey Street — Detached

Sold

London East, ON N6B 1H4

4 Bed · 2 Bath · Detached

MLS #X8327090

$420,000

Sold on June 10, 2024

June 10, 2024

Originally listed at $374,900 14 days on market

About This Property

Endless possibilities! 2 bedrooms on the main floor and separate entrance to walk-out lower level 2 bedroom unit. Main floor is currently mid renovation drywalled with bare floors and no kitchen or bathroom and is a blank slate. Lower level fully finished. Add an Additional Residential Unit (ARU) in the deep rear yard to increase to 3 units. REDEVELOPMENT POTENTIAL - Situated on a 66 x 197 lot (large enough to sever for 2 x 33x 197 lots). R2-2 Zoning Permitted Uses - Single detached dwellings, semi-detached dwellings, duplex dwellings, converted dwelling. Based on BILL 23 - More Homes Built Faster Act, 2022, in theory, you could sever a lot and build a semi-detached dwelling on the lots with both units containing a lower apt, plus add a separate ARU in each rear yard for a total potential total of 6 units. **All redevelopment options to be verified by the buyer and would be subject to municipal approvals**. London is encouraging this form of residential development to improve housing diversity, affordability, and sustainable land use.

Property Details

Bedrooms

4

Bathrooms

2

Square Feet

2000-2500 sqft

Property Type

Detached

StyleBungalow
Approx. Age100+ years
Lot Size66 197 ft
Frontage66.0 ft
Depth197.0 ft
GarageNone
BasementFinished, Full
CoolingCentral Air
HeatingForced Air
Parking Spaces8
Listed OnMay 8, 2024
MLS Size2000-2500
Property Tax$2,659/year

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Rooms

NameSize (m)Size (ft)Features
Kitchen(Main)4.01 x 5.5613.2 x 18.2-
Bedroom(Main)4.39 x 2.5414.4 x 8.3-
Bedroom 2(Main)3.33 x 2.5410.9 x 8.3-
Living Room(Main)5.61 x 4.818.4 x 15.7-
Laundry(Main)---
Bathroom(Main)---
Kitchen(Lower)3.58 x 3.211.7 x 10.5-
Living Room(Lower)4.6 x 4.7815.1 x 15.7-
Bedroom(Lower)3.61 x 2.6711.8 x 8.8-
Bedroom 2(Lower)3.58 x 3.2811.7 x 10.8-
Laundry(Lower)---
Bathroom(Lower)---

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529 Grey Street History

Complete transaction history for this property

Sold

Sold: Oct 30, 2024

$415,000

84 days on marketSale
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Price History

Original List Price

$374,900

Listed on May 8, 2024

Sold Price

$420,000

Sold on Jun 10, 2024

+$45,100

12.0%

14 days on market

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Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Home Features

Property TypeDetached
StyleBungalow
Approx. Age100+ years
Lot Size66 × 197 ft
Frontage66.0 ft
Depth197.0 ft
GarageNone
BasementFinished, Full
CoolingCentral Air

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About 529 Grey Street, London East, ON N6B 1H4

529 Grey Street, London East, ON N6B 1H4 is a 4-bedroom, 2-bathroom bungalow detached with approximately 2000-2500 square feet of living space, situated on a 66 197 foot lot. This property is currently sold (sold for $420,000). The home features a none garage and a finished, full basement, built approximately 100+ years ago.

East K Neighbourhood

This home is located in East K, part of London East in the Middlesex area. Explore more homes for sale and recently sold properties in this neighbourhood.

Whether you are looking to buy, sell, or lease in East K, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.

529 Grey Street, London East, ON N6B 1H4

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