London, ON · · MLS® X13883672Updated
$450,000Est. $2,211/mo mortgage
307 Grey St is a 5-bedroom, 2-bathroom duplex in London, listed for $450,000. It has 1500-2000 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
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.
5 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $300 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.Ask Zara a follow-up
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
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Zara’s estimate
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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324 Ridout Street
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4 bd · 2 ba · Multiplex
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6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home307 Grey Street 5 bd · 2 ba · 1,500 sqft | $450,000asking | $300 | — | — |
| 578 Waterloo Street 5 bd · 2 ba · 1,500 sqft | ||||
| 937 Colborne Street 5 bd · 2 ba · 1,500 sqft | ||||
| 324 Ridout Street 4 bd · 2 ba · 2,000 sqft | ||||
| 5 Edward Street 4 bd · 2 ba · 2,000 sqft | ||||
| 28 BEATTIE Avenue 4 bd · 2 ba · 1,500 sqft | ||||
| 89 Heather Crescent 4 bd · 2 ba · 1,500 sqft |
5 bd · 2 ba · 1,500 sqft
5 bd · 2 ba · 1,500 sqft
4 bd · 2 ba · 2,000 sqft
4 bd · 2 ba · 2,000 sqft
4 bd · 2 ba · 1,500 sqft
4 bd · 2 ba · 1,500 sqft
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20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Listing brokerage: RE/MAX HALLMARK REALTY LTD., BrokerageMLS® X13883672 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Other 4–6 bed homes for sale in London around $450K.
Homes for sale in London
Every active London MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 1,851 sales from Jul 12 – Oct 10, 2026 (1,390 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
307 Grey St is listed at $450,000 (MLS® X13883672). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
No — 307 Grey St is still listed at its original asking price of $450,000.
307 Grey St has 5 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a duplex in London.
About $2,211 a month — principal and interest on $450,000 with 20% down ($90,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Its asking price of $450,000 is about 20% below the median sold price in London over the last 90 days, $562,500, across 1,851 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 307 Grey St on record from the last two years. Older records aren't shown under TRREB rules.
307 Grey St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
1 day — 307 Grey St was listed on October 9, 2026.
About $225 to $300 per square foot: the asking price of $450,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Yes — the listing gives 4 parking spaces.
The listing describes the basement as: Crawl Space, Unfinished.
