Homes for Sale in London, Ontario
525 Grosvenor Street
London East, N5Y 3S8·MLS® X13538868·
Listing courtesy of Re/max Icon Realty·Updated 2 hours ago
Listing price
$649,900
Est. $3,095/mo
Days on market
Listed Jul 8, 2026
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)
Property details
Basement
Finished
Parking
4 spaces
Type
Detached — 2-Storey
Heating
Forced Air
AI property estimate
53% confidence · 7 sold homes within 2 km, by price per sq ft
Location & neighbourhood
London East, ON
Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.
Monthly payment estimate
Land transfer tax
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
Sold comparables nearby
Sold$535,000
85 Stuart Street, London East
Sold$1,300,000
439 Regent Street, London East
See all 10 comparables
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Market conditions · East B
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$2,600
Rental yield
4.8%
Est. cash flow
-$1,584
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$156,914
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$839,423
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