Scout N Secure

$450,000

Map

307 Grey Street

East K, London East, Ontario N6B1G7

For sale· Added

5 bed2 bath1,500–2,000 sqft

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.

Location

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Property details

Listing

MLS® number
X13883672
Added
Oct 9, 2026 ()
Updated
Oct 9, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Duplex
Storeys
2

Inside

Bedrooms
5
Bathrooms
2
Heating
Forced air, Natural gas
Fireplace
No
Flooring
Tile, Laminate
Appliances
Washer, Refrigerator, Dishwasher, Stove, Range, Oven, Dryer, Hood Fan, Window Coverings
Features
Carpet Free

Building

Basement
Unfinished, Crawl space
Exterior
Aluminum siding
Foundation
Concrete
Parking
No Garage · 4 spaces
Amenities
Separate Electricity Meters
Security
Smoke Detectors

Land

Lot size
28.5 x 165 ft
Zoning
R3-1

Services

Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity, Cable

Location

Directions
Wellington St & Horton St East
Nearby
Community Centre

Running costs

Annual property tax
$2,245

Rooms

Living roomMain level5.16 x 3.36 m
Laundry roomMain level2.88 x 3.4 m
KitchenMain level3.03 x 3.43 m
Primary BedroomMain level4.18 x 3.8 m
Bedroom 2Main level4.03 x 2.65 m
BathroomMain level2.31 x 2.31 m
KitchenSecond level3.18 x 3.16 m
BedroomSecond level4.26 x 2.81 m
Bedroom 2Second level4.22 x 2.8 m
Bedroom 3Second level3.18 x 2.79 m
BathroomSecond level2.46 x 1.51 m

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$450,000
307 Grey Street
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