525 Grosvenor Street · London, N5Y 3S8
MLS® X13538868
Listed Jul 8, 2026
Listing courtesy of Re/max Icon Realty·Listing last changed Sep 29
Key facts
- Property type
- Detached
- Square footage
- 2,000-2,500 sqft
- Lot size
- 30.75 × 83 ft
- Parking
- 4 spaces
- Property tax
- $5,834/yr (2026)
Description
Investment opportunity at 525 Grosvenor Street, now with a $50,000 price reduction. This 5+1 bedroom home is fully leased until May 2027 at $4,140 per month, offering rental income from day one. The sellers are motivated, open to serious offers, and would welcome a closing before year-end. Located just west of Adelaide Street and north of Oxford Street, the property is convenient to Western University, Fanshawe College, downtown, transit, shopping, and restaurants. The main floor features an eat-in kitchen with two fridges, living and dining areas, one bedroom, and a full bathroom. The bedroom opens to an all-weather sunroom with a separate entrance. A side-entry mudroom provides additional storage with a large walk-in closet. Upstairs are four bedrooms, including a spacious primary bedroom with a den, plus a 4-piece bathroom. The basement offers a sixth bedroom, a 3-piece bathroom, laundry, and a separate storage room. The property has parking for four vehicles. Improvements include many windows installed in 2010, blown-in attic insulation, and a roof updated in 2016. A substantial, income-producing property with an existing lease and a flexible layout. (Some photos are virtually staged from images taken while the home was vacant.)
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Property details
Interior
- Size
- 2,000-2,500 sqft
- Bedrooms
- 5 above grade, 1 lower level
- 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
Estimated value range
$570K to $630K
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Schools nearbyclosest is St Michael Separate School, 240 m
Elementary
- 5.7
St Michael Separate School
240 m · Grades JK-8
London District Catholic School Board
- 8.0
St Georges Public School
720 m · Grades JK-8
Thames Valley District School Board
- 8.4
Old North Public School
790 m · Grades JK-8
Thames Valley District School Board
Secondary
- 8.0
London Central Secondary School
1.6 km · Grades 9-12
Thames Valley District School Board
- 6.3
École secondaire catholique Monseigneur-Bruyère
1.6 km · Grades 9-12
Conseil scolaire de district des écolesCatholique
- 5.7
Catholic Central High School
1.8 km · Grades 9-12
London District Catholic School Board
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $3,672/mo all in
Monthly payment estimate
Land transfer tax$8,473 on closing
Ontario LTT
$8,473
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
Sold971 Wellington Street, London East
Sold123 Mill Street, London East
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Market conditionsBuyer’s market in London
6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 91.4% of asking.
Avg. sold price
$997,167
Sale-to-list ratio
91.4%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $151,000 household income
Minimum household income required
$151,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Call Colin at (226) 212-5099 or text
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Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
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