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Last Updated : 590 Days ago
763 Colborne Street, London, ON,

763 Colborne Street, London MLS Number: 40562082

London, Middlesex, ON, N6A 3Z8

$849,900

Status:

  • 6+ Beds
  • 3 Baths
  • Area : 1872 sqft
  • Property Type: Residential Income (Multi-3 Unit)
  • Property Taxes : $5508 (Tax Year:2023)
  • Listing Courtesy : Century 21 First Canadian Corp., Brokerage

763 Colborne Street Property Description

Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don't miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey!

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763 Colborne Street Property Facts

Property Type :Residential Income
MLS Number :40562082
Listing Type :Sale
Property Age :100+ Years
Possession Date :
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Last Updated :23 Apr, 2024 (590 Days ago)
Source :LSTAR
Area :Middlesex
City :London
Area Major :East
Area Minor :East B
Postal Code : N6A 3Z8
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Directions :Left onto Colborne from Oxford heading East.

763 Colborne Street Property Price & Tax Insights

Price : $849,900
Property Taxes :$5508
Tax Year :2023

763 Colborne Street, London Property Details

Bedrooms :6 +
Heating :Forced Air
Bathrooms :3
Approx Square Footage :1872 sqft

763 Colborne Street, London - Price History

2024-04

23 Apr, 2024

TREB #40562082

Listed

$849900

763 Colborne Street - Location Map and Landmarks

  • London Health Sciences Centre – University, Middlesex 2.8 km
  • London Health Sciences Centre – Children's, Middlesex 4.53 km
  • London Health Sciences Centre – Victoria's, Middlesex 4.53 km
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