763 Colborne Street

London

763 Colborne Street
763 Colborne Street
763 Colborne Street
+22
6
 bed
3
 bath
5
 parking
1872 - 1872
 sqft
For Sale
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21 days
 on site
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$849,900
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Size
-
Lot size
745.92 sqm
Street frontage
W
Possession
-
Price per sqm
$4,884
Taxes
$5,508 (2023)
Parking Type
-
Style
-
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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!
Broker: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE
MLS®#: 40562082
Property details
Parking:
5
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
-
MLS Size:
174 sqm
Lot front:
9.45 M
Lot depth:
76.5 M
Listed on:
Apr 22, 2024
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Peter Yen
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: 40562082
Listed by CENTURY 21 FIRST CANADIAN CORP., BROKERAGE

About 763 Colborne Street

763 Colborne Street is a London triplex for sale. It was listed at $849900 in April 2024 and has 6 beds and 3 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this triplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.

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