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43.73° N · 79.40° W — Toronto & nearby · 9,687 homes for sale today43.73° N · 79.40° W — 9,687 homes today(647) 554-7436Saved

42.9779° N · 81.2401° W — East K, London East — MLS® #X13883672

307 Grey St

$450,000

East K, London East, Ontario N6B 1G7

5
BedroomsBeds
2
BathroomsBaths
1500-2000 sqft1500-2000
SizeSq ft
28.5 x 165 ft
Lot sizeLot

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In short · from the listing record

307 Grey St is a 5-bedroom, 2-bathroom duplex in East K, London East, listed for sale at an asking price of $450,000 (MLS® X13883672).

Live, invest, and grow your equity all under one roof! The sellers extensively upgraded and renovated this property. This versatile duplex presents an outstanding opportunity for homeowners, investors, and those looking to build long-term wealth through real estate. Live in one unit while generating rental income from the other to help offset your mortgage or maximize cash flow by renting out both units. The main floor features 2 bedrooms, a spacious living area, and a functional kitchen, while the upper unit has been recently renovated with 3 bedrooms, a kitchen, a bathroom, fresh paint, new flooring, and updated bathroom and kitchen range hood vents, offering a modern and comfortable living space. Both units share a convenient common laundry room. This property provides excellent flexibility for a variety of investment strategies, including owner-occupancy with supplemental income, multi-generational living, or a fully tenanted investment property. The large lot offers ample parking, a highly sought-after feature for tenants and visitors. Adding to its appeal is the potential for future multiplex development (buyer to complete their own due diligence regarding zoning and development possibilities), making this not only an income-producing asset today but also a property with exciting long-term upside potential. Situated conveniently close to shopping, restaurants, parks, schools, public transit, and major highways, with Western University just approximately 10 minutes away, this location offers strong rental appeal and convenient access to everyday amenities. Whether you're looking to generate immediate rental income, offset homeownership costs, expand your real estate portfolio, or explore future redevelopment opportunities, this property delivers exceptional value and versatility.

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 83Good

    Condition score

    3 documented update signals

    Listing age, structured features and disclosed update language; not an inspection.

  • 81Strong

    Cash flow quality

    +$460/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 7 homes with 5 bedrooms for lease in London East right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$2,245 / 2026
MLS® number
X13883672
Board
TRREB MLS®
Property Type
Duplex
Time on market
Size
1500-2000 sqft
Lot Size
28.5 x 165 ft
Listed on
Parking
None, 4 Parking

Listing history

Listing activity for 307 Grey St, London East, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$450,000N/AFor SaleX13883672

Inside

Room by room

From the listing.

Main6 rooms
  • Living3.36 × 5.16 mSeparate Rm, Laminate, Window
  • Kitchen3.43 × 3.03 mSeparate Rm, Backsplash, Window
  • Primary3.8 × 4.18 mWindow, Laminate
  • 2nd Br2.65 × 4.03 mCloset, Window, Laminate
  • Bathroom2.31 × 2.31 m4 Pc Bath, Window, Tile Floor
  • Laundry3.4 × 2.88 mSeparate Rm, Swing Doors
2nd5 rooms
  • Kitchen3.16 × 3.18 mSeparate Rm, Large Window, Laminate
  • Br2.81 × 4.26 mCloset, Window, Laminate
  • 2nd Br2.8 × 4.22 mWindow, Laminate
  • 3rd Br2.79 × 3.18 mWindow, Laminate
  • Bathroom1.51 × 2.46 m4 Pc Bath, Window, Tile Floor

Property

Property Type
Duplex
Style
2-Storey
Community
East K
Municipality
London East

Building

Size
1500-2000 sqft
Construction
Alum Siding

Inside

Bedrooms
5
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 4pc 2nd
Basement Type
Crawl Space
Kitchens
2

Parking

Driveway
Front Yard, Mutual, Other
Garage Type
None
Additional Parking
4
Total Parking
4

Utilities

Water
Municipal
Cooling
Other
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
28.5 ft
Depth
165 ft
Lot Size
28.5 x 165 ft

Where it sits

The street and the area

Asking prices on the map.

Around it

Duplex in East K

Active listings only, today.

Multiplexes for sale in East K right now

For sale now
6
Median asking price
$524K

Middle half: $462K to $549K

New in 7 days
1

2 in 28 days

Price cuts
0%

0 listings

This home is asking 14% below the median, lower than three quarters of them.

See all homes in East K

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • railOn recordNearest rail line: 490 m
  • trailOn recordA trail on the Ontario trail network within 1 km
  • airportOn recordNearest airport: 8.4 km
  • water wellsNone in rangeNo water-supply well recorded within 250 m 5 test or monitoring holes also recorded.
  • groundwaterOn recordGroundwater recorded about 3.2 m below ground nearby The middle water level in the well records within 500 m (76 records). It changes with the season and from spot to spot.
  • npriOn record3 facilities within 1 km report pollutant releases to Environment Canada The nearest is London District Energy, 570 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
  • fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
  • electricityOn recordElectricity is distributed here by London Hydro Inc.
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Upper Thames River Conservation Authority or the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

Lot

Lot area
4,703 sq ft437 m²
Street frontage
28.5 ft8.7 m
Depth
165 ft50.3 m
28.5 × 165 ftGREY ST

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by GeoWarehouse.

Land transfer tax on this home

Ontario land transfer tax
$5,475
Total land transfer tax
$5,475
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$1,475
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $450,000
$1,000
Ontario total
$5,475

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • St. John French Immersion SchoolLondon District Catholic School BoardCatholic · grades JK–8 · French Immersion83%Grade 6 average550 m
  • Aberdeen Public SchoolThames Valley DSBPublic · grades JK–856%Grade 6 average900 m
  • Tecumseh Public SchoolThames Valley DSBPublic · grades JK–871%Grade 6 average1 km
  • École élémentaire catholique Frère AndréConseil scolaire catholique ProvidenceFrench-language Catholic · grades JK–685%Grade 6 average3.6 km

SecondaryGrade 9 math 2024–25

  • London South Collegiate InstituteThames Valley DSBPublic · grades 9–12 · French Immersion49%Grade 9 math1 km
  • Catholic Central High SchoolLondon District Catholic School BoardCatholic · grades 9–1257%Grade 9 math1 km
  • H B Beal Secondary SchoolThames Valley DSBPublic · grades 9–1256%Grade 9 math1.1 km
  • École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–1257%Grade 9 math4.3 km

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$450,000

A month, all in

$2,240

  • Mortgage$2,053
  • Property tax$187

A planning figure, not a quote.

Land transfer tax

$5,475

$1,475 for first-time buyers.

Rent, similar homes

$2,700

a month, median asking rent of 7 similar homes in London East.

Community

Who lives around it

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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