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..
Address
430-432 Grey Street
List Price
$1,200,000
MLS® Status
New
Expiration Date
2026-09-08
Property Type
Residential Freehold
Type of Dwelling
Vacant Land
Transaction Type
For Sale
Area
London East
Sub-Area
East K
Region
Middlesex
Lot Depth
195
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
115
Occupant Type
Tenant
Cross Street
BETWEEN MAITLAND & COLBORNE
MLS® Number
X12392497
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Postal Code
N6B 1H3
Posession Details
TBA
Tax Amount
$1,832.30
Tax Year
2024
Cable
Yes
Central Vacuum
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Direction Faces
North
Tax Legal Description
PT LT 12, N/E GREY STREET, BEING THE E 1/2 ; LON
Waterfront
No
Waterfront
None
Sewer
Sewer
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