430-432 GREY Street, London East, ON N6B 1H3 – London East – $1,200,000

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Description

Two adjacent parcels being sold together: 430 Grey St. (heritage church + parsonage) and 432 Grey St. (vacant lot). Zoning R3-1 allows for multi-unit residential development. Attention Investors, Developers, Renovators and Churches! An exceptional opportunity awaits with two sizeable adjacent lots located at 430 & 432 Grey St. in a rapidly developing area. With multiple new projects already underway nearby, this neighborhood is in urgent need of new housing making this the perfect time to invest. There is lots of room for Churches to build and expand. 430 Bay St. Heritage church with adjoining parsonage situated on a lot measuring 66.20 ft x 166.69 ft x 64.94 ft x 166.70 ft432 Bay St. Vacant lot measuring 44.88 ft x 198.24 ft x 44.87 ft x 197.58 ft Both parcels are zoned R3-1, offering excellent potential for residential development or rental housing projects. Together, these lots present a rare chance to create much-needed rental units and maximize value in a growing market. Don’t miss this outstanding opportunity whether you are a builder, developer, or investor, the timing couldn’t be better to bring your vision to life..

Property Details

• Property Type: Residential Freehold
• List Price: $1,200,000
• Tax Year: 2024
• Annual Taxes: $1,832