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Investment signal

$474,900

784 LITTLE GREY STREET

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London East (East L). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Well-maintained duplex located in desirable East London, offering a fantastic opportunity for both investors and owner-occupiers. Situated on a 40' x 140' lot, this property features two self-contained units: a spacious 3-bedroom, 1-bathroom main floor unit and a 2-bedroom, 1-bathroom upper unit. The main floor is currently tenanted at $2,047.95/month plus electricity, while the upper unit is vacant-ideal for setting your own rent or owner occupancy. Each unit is separately metered for electricity, with tenants responsible for their own hydro. The landlord covers gas and water expenses. The home is equipped with a hot water radiator heating system, one owned tankless water heater, and one rented water heater. Additional highlights include on-site parking for up to four vehicles and a large backyard storage shed (2021). Property taxes are $4,057 (2025). Conveniently located just minutes from the Western Fair District, BMO Centre, 100 Kellogg Lane, Old East Village, and downtown, this property offers strong rental potential in a vibrant and growing area. (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: East L
Lot dimensions: 40 x 140 FT
Bedrooms: 5 above grade
Parking: 4 total
Stories: 2
On market: Apr 21, 2026
Status changed: Apr 21, 2026
Annual tax: $4,057 (2025)
Zoning: R2-2
Photos: 19
MLS#: X13024902
Area: LONDON_EAST_(EAST_L)

Features and systems

Parking

No Garage

Basement

FinishedFull

Appliances

Water Heater

Heating

Baseboard heatersRadiant heatNot knownOther

Cooling

None

Exterior

Vinyl siding

Foundation

Block

Community

Community Centre

Utilities

SewerElectricityCable

Positive cash flow ~$319/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

4.03%

Cap rate

5.67%

GRM

12.0

Break-even rent

$2,965

Financing

Down payment$94,980

Loan amount$379,920

Mortgage$1,925/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$218

Insurance$80

Maintenance$396

CapEx reserve$198

Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,925/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.