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529 Grey Street London, Ontario N6B 1H4

4 Bedroom 2 Bathroom 2090
Bungalow Central Air Conditioning Forced Air

$374,900

Endless possibilities! 2 bedrooms on the main floor and separate entrance to walk-out lower level 2 bedroom unit. Main floor is currently mid renovation drywalled with bare floors and no kitchen or bathroom and is a blank slate. Lower level is fully finished. Add an Additional Residential Unit (ARU) in the deep rear yard to increase to 3 units. REDEVELOPMENT POTENTIAL - Situated on a 66’ x 197’ lot (large enough to sever for 2 x 33’x 197’ lots). R2-2 Zoning Permitted Uses - Single detached dwellings, semi-detached dwellings, duplex dwellings, converted dwelling. Based on BILL 23 - More Homes Built Faster Act, 2022, in theory, you could sever a lot and build a semi-detached dwelling on the lots with both units containing a lower apt, plus add a separate ARU in each rear yard for a total potential total of 6 units. **All redevelopment options to be verified by the buyer and would be subject to municipal approvals**. London is encouraging this form of residential development to improve housing diversity, affordability, and sustainable land use. (id:46638)

Property Details

MLS® Number 40586121
Property Type Single Family
Amenities Near By Hospital, Place Of Worship, Playground, Schools, Shopping
Community Features School Bus
Features Crushed Stone Driveway
Parking Space Total 8
Structure Porch

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 2
Bedrooms Total 4
Appliances Refrigerator, Stove
Architectural Style Bungalow
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick Veneer
Foundation Type Brick
Heating Type Forced Air
Stories Total 1
Size Interior 2090
Type House
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Fence Type Fence
Land Amenities Hospital, Place Of Worship, Playground, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 197 Ft
Size Frontage 66 Ft
Size Irregular 0.308
Size Total 0.308 Ac|under 1/2 Acre
Size Total Text 0.308 Ac|under 1/2 Acre
Zoning Description R2-2

Rooms

Level Type Dimensions
Lower Level Laundry Room Measurements not available
Lower Level 3pc Bathroom Measurements not available
Lower Level Bedroom 11'9'' x 10'9''
Lower Level Bedroom 11'10'' x 8'9''
Lower Level Family Room 15'1'' x 15'8''
Lower Level Kitchen 11'9'' x 10'6''
Main Level 3pc Bathroom Measurements not available
Main Level Laundry Room Measurements not available
Main Level Family Room 18'5'' x 15'9''
Main Level Bedroom 10'11'' x 8'4''
Main Level Bedroom 14'5'' x 8'4''
Main Level Kitchen 13'2'' x 18'3''

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/26875707/529-grey-street-london

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A Team London
470 Colborne Street
London, Ontario N6B 2T3

(519) 872-8326

A Team London
470 Colborne Street
London, Ontario N6B 2T3

(519) 872-8326