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281 Grosvenor Street

London East, N6A 1Y9·MLS® X13685092

Listing courtesy of Real Broker Ontario LTD·Updated 2 hours ago

Listing price

$599,900

Est. $2,857/mo

Days on market

2

Listed Aug 17, 2026

For sale
1 / 21
2bd·3ba·1,100-1,500sqft·100+ yearsold

Description

Welcome to 281 Grosvenor Street, a move-in-ready licensed duplex located in sought-after Old North, directly across from St. Joseph's Hospital. This is an excellent opportunity for investors, owner-occupiers or multi-generational families, with the added advantage of both units being vacant, allowing the new owner to set their own rents or move right in.The spacious main unit features a finished lower level, providing additional living space and flexibility. Both units offer the convenience of in-suite laundry and separate hydro meters, making utility management simple for tenants and owners alike.The property was renovated in 2009 and has seen several important updates, including a new roof in 2023, central air conditioning in 2009 and furnace in 2008. Additional features include a front porch and storage shed.Enjoy an exceptional Old North location within walking distance of St. Joseph's Hospital and close to Western University, Richmond Row, downtown London, restaurants, cafés, shopping, grocery stores, public transit, parks, schools, walking and cycling routes, and numerous everyday amenities.With two vacant units, separate hydro meters, in-suite laundry, a finished lower level and an outstanding Old North location, this property offers tremendous flexibility. Live in one unit and rent the other, accommodate extended family, or add a well-located duplex to your investment portfolio.

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Property details

Basement
Partially Finished
Parking
4 spaces
Type
Duplex — 2-Storey
Heating
Forced Air
Property tax
$4,962/yr (2025)

AI property estimate

$620,000~3.4% above asking

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

$509,640$730,360

52% confidence · 3 sold homes within 2 km

Location & neighbourhood

Blackfriars

London East, ON

Small historic neighbourhood along the Thames River west of downtown with heritage homes.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,857
Property tax$650
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,882
Land transfer taxOne-time, 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

$599,900

Listed Aug 17, 2026

On the market

Sold comparables nearby

133 Wilson Avenue, London NorthSold

$620,000

133 Wilson Avenue, London North

3 bd·3 ba·1,500-2,000 sqft
379 Central Avenue, London EastSold

$329,000

379 Central Avenue, London East

3 bd·2 ba·1,100-1,500 sqft

See what these 6 homes sold for

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Market conditionsArgyle · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$416,833

Sale-to-list ratio

104.6%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$145,577

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$620,000

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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