$649,900
Est. $3,045/mo mortgage
525 Grosvenor Street · London East, N5Y 3S8
MLS® X13538868
Listed Jul 8, 2026
Listing courtesy of Re/max Icon Realty·Updated Jul 8
Description
Fantastic investment opportunity in a prime London location! Welcome to 525 Grosvenor Street, a well-maintained 5+1 bedroom home currently fully rented and generating strong monthly rental income. The property is fully leased until May 2027 at $4,140 per month, offering stable, long-term cash flow for investors. Ideally situated just west of Adelaide Street and north of Oxford Street, this property is close to Western University, Fanshawe College, downtown, transit, shopping, restaurants, parks, and all major amenities, making it a highly desirable rental location. This spacious home offers an excellent layout for multi-tenant living. The main floor features an eat-in kitchen with two fridges, a living room, dining area, one bedroom, and a full bathroom. The main floor bedroom also provides access to an all-weather sunroom with a separate entrance, adding flexibility and convenience. A side entrance mudroom includes a large walk-in closet for additional storage. Upstairs you'll find four additional bedrooms, including an extra-large primary bedroom with a den, and a 4-piece bathroom. The basement includes a bedroom, a 3-piece bathroom, a laundry room, and a separate storage room. The home boasts fantastic curb appeal, parking for four vehicles, many new windows installed in 2010, blown-in insulation added in the attic, and an updated roof completed in 2016, providing added peace of mind for the next owner. Whether you're looking to expand your investment portfolio or secure a turn-key income property in one of London's most sought-after rental areas, this property checks all the boxes. Strong rental demand, an excellent location, and a spacious functional layout make this an outstanding opportunity for savvy investors. (Photos are from previous when Home was vacant)
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Property details
Interior
- Interior
- 2000-2500 sqft
- Rooms
- 14 rooms
- Bathrooms
- 1 × 2-piece, 1 × 3-piece, 1 × 4-piece
- Basement
- Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, 2-Storey
- Lot size
- 30.75 × 83 ft
- Exterior
- Brick
- Foundation
- Block
- Roof
- Shingles
- Water & sewer
- Sewer
Parking
- Parking
- 4 spaces
Fees & taxes
- Property tax
- $5,834/yr (2026)
Rooms
Main
- Dining Room
- 4.87 × 3.35 m
- Kitchen
- 4.77 × 3.04 m
- Bedroom
- 7.39 × 2.59 m
- Living Room
- 4.57 × 3.78 m
- Bathroom, 2 Pc Bath
- 1.2 × 1.5 m
Second
- Bedroom
- 3.81 × 3.81 m
- Bedroom
- 4.49 × 3.04 m
- Bathroom, 4 Pc Bath
- 1.5 × 2.4 m
- Bedroom
- 5.89 × 4.87 m
- Bedroom
- 5.38 × 2.64 m
Basement
- Bathroom
- 1.05 × 1.82 m
- Laundry
- 3.81 × 2.59 m
- Other
- 5.58 × 3.86 m
- Bedroom
- 7.31 × 3.75 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
74% confidence · 26 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon East, ON
Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.
Monthly paymentest. $3,821/mo all in
Monthly payment estimate
Land transfer tax$9,473 on closing
Ontario LTT
$9,473
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Jul 8, 2026
Sold comparables nearby
Sold$403,000
776 Quebec Street, London East
Sold$775,000
927 Richmond Street, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in Argyle
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 94.8% of asking.
Avg. sold price
$619,970
Sale-to-list ratio
94.8%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $159,000 household income
Minimum household income required
$159,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Similar Listings
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Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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