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94 days on Market

763 Colborne St, London, Ontario N6A 3Z8

$799,900
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Townhouse
5 + 1
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,435/mo

Tax Amount (2023)$5,508/yr

Days On Market94 days


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!


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size8,029 SqFt(251 x 31.99)
Parking Spaces5
MLS ®NumberX9251807
Community NameNorth London
Data SourceTRREB

Features

Heating: Forced Air
Basement: Finished, Full

Features

Lot size: 8,029 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Now
ListedFor Salefor$799,900Active
94 days on market
Listing by trreb®
history photo preview17
ListedFor Salefor$849,900Terminated
Stayed — days on market
Listing by itso®
history photo preview25
Aug 8, 2024
ListedFor Salefor$849,900Terminated
Stayed 112 days on market
Listing by trreb®
history photo preview17
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Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage
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