For Sale: Main & Upper-307 Grey Street, London, ON - REW
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$398,000
5 bd • 2 ba • 1500 - 2000 sf • Duplex
Main & Upper-307 Grey Street
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$398,000
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Main & Upper - 307 Grey StreetLondon, ON, N6B 1G7

Central London
  • 5 Bed
  • 2 Bath
  • 1500 - 2000 Sqft
  • Duplex

About this home

Live, invest, and grow your equity all under one roof! 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, bathroom, fresh paint, new flooring, and updated bathroom and kitchen range hood vents, offering 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.
Listed by: Yin-Lynn Low, Salesperson, RE/MAX HALLMARK REALTY LTD.

Home facts and features

Price details
List Price
$398,000
Get Pre-Approved
Gross Taxes for 2026
$2,245
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
4
Parking Details
Front Yard Parking, Mutual, Other
Property Type
Duplex
Lot Size
28 ft x 165 ft (4702 ft²)
Depth
165.0
Frontage
28.5
Exterior Finish
Vinyl Siding
Heating Type
Forced Air, Gas
Cooling
Other
Basement Details
Crawl Space, Unfinished
Features
Golf, Park, Place Of Worship, Porch, Public Transit, Rec./Commun.Centre, School, Smoke Detector
Community
Agent details
Primary Agent
Yin-Lynn Low
Primary Broker
RE/MAX HALLMARK REALTY LTD.
Secondary Agent
Secondary Broker
RE/MAX EXCEL REALTY LTD.
Listing details
Days on REW
1 Day
MLS® Number
X13757168
Source
Toronto Real Estate Board
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Property Insights

St. John French Immersion School
  • Catholic
  • JK - 8
Aberdeen Public School
  • Public
  • JK - 8
Catholic Central High School
  • Catholic
  • 9 - 12
Tecumseh Public School
  • Public
  • JK - 8
London South Collegiate Institute
  • Public
  • 9 - 12
H B Beal Secondary School
  • Public
  • 9 - 12
London Central Secondary School
  • Public
  • 9 - 12
St Martin School
  • Catholic
  • JK - 8
St Mary School
  • Catholic
  • 5 - 8
Holy Rosary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Yin-Lynn Low
Phone:
416-487-4311
Office:
416-486-5588
Broker
PUI YEE SHIRLEY CHENG
Phone:
416-795-1108
Office:
905-597-0800
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