A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 763 Colborne St, London East Ontario N6A 3Z8
1 day on Market

763 Colborne St, London East, Ontario N6A 3Z8

Townhouse
5 + 1
3
~1500-2000 sqft
$689,900
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Townhouse
5 + 1
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$402/sqft

Est. Mortgage$2,963/mo

Tax Amount (2024)$6,890/yr

Days On Market1 day


Description

Welcome to 763 Colborne Street, a prime triplex investment opportunity located in the heart of Londons prestigious Old North neighbourhood. This fully occupied, turnkey property generates over $50,000 in annual gross income and offers a strong cap rate. The home features three self-contained unitslower, main, and uppereach with its own private entrance. The lower and main floor units include utilities, while the upper unit is separately metered for hydro. Situated just minutes from Downtown, Western University, Fanshawe College, St. Josephs Hospital, and numerous amenities, this property attracts AAA tenants and ensures stable, long-term rental demand. This is a rare chance to own a cash-flowing property in one of Londons most desirable communities. Income and expense details available upon request.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size-
Parking Spaces5
MLS ®NumberX12142153
Community NameNorth London
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Basement: Finished, Full

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage
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Market Data - North London

Geo Zone Map ThumbnailNorth London

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

12 days

Compared to

2024

0 day

New Listings

Past 30 days

2 listings

Compared to

2024

2 listings

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

Median Sold Price

Past 30 days

$955,000

Compared to


Population and Demographics

Overview

Total population 9916
Average household income $144,067

Age (%)

20 to 34
30%
65 and plus
21%
50 to 64
17%
0 to 19
17%
35 to 49
16%

Household composition (%)

Single family
49%
Single person
39%
Multi person
12%
Multi family
0%

Mother tongue (%)

English
86%
Others
8%
Spanish
2%
Mandarin
1%
Arabic
1%

House tenancy (%)

Renters
52%
Owners
48%

Schools and amenities

Transportation Scores

Estimated Budget