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$649,900

Est. $3,045/mo mortgage

5bd·3ba·2,000-2,500sqft

525 Grosvenor Street · London East, N5Y 3S8

MLS® X13538868

78 days on market78 days on market

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

$765,355Estimate is ~17.8% above asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$688,820$841,891

74% confidence · 26 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Woodfield

London East, ON

Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.

Monthly paymentest. $3,821/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,045
Property tax$392
Insurance (est.)$135
Utilities (est.)$250
Total monthly$3,821
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

$649,900

Listed Jul 8, 2026

On the market

Sold comparables nearby

776 Quebec Street, London EastSold

776 Quebec Street, London East

4 bd·3 ba·700-1,100 sqft
927 Richmond Street, London EastSold

927 Richmond Street, London East

5 bd·5 ba·3,000-3,500 sqft

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.

Buyer's marketBalancedSeller's market

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.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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