Re-listed 1 day ago

863 Colborne St, London East, Ontario N6A 4A1

Detached
3
2
~1500-2000 sqft
$•••,•••
$719,900
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Detached
3
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$419/sqft

Est. Mortgage$3,092/mo

Tax Amount (2024)$3,854/yr

Days On Market1 day

Total Days On Market34 days


Description

Incredible opportunity at 863 Colborne Street. Fully renovated, turn-key duplex located in one of London's most sought-after downtown neighbourhoods. Ideal for investors, multi-generational living, or buyers seeking a mortgage helper, this property offers versatility, style, and strong income potential. Both units are bright, spacious, and modernized throughout, featuring separate laundry, premium finishes, and private outdoor spaces. The front unit boasts a large porch, while the rear unit features a massive deck and expansive backyard, perfect for tenants or families seeking green space. The rear unit includes a large basement storage area, ideal for a recreation room, playroom, or home office, and an unfinished attic space with potential to add a second bedroom, further increasing rental income. Located minutes from Western University, Fanshawe College, and all downtown amenities, this high-demand rental area commands premium rents for quality homes with outdoor living. Don't miss this rare opportunity to own a high-yield, low-maintenance investment in a thriving urban location. Zoned R2-2 | Updated Mechanicals| Turnkey Investment | Income-Generating


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~1500-2000 SqFt
Lot Size3,877 SqFt(125.05 x 31.01)
Parking Spaces2
MLS ®NumberX12226057
Community NameNorth London
Data SourceTRREB
Listing byTHE REALTY FIRM INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Part Fin

Main Floor

Living

5.07 x 2.94

Br

2.86 x 3.23

2nd Br

2.75 x 3.23

Kitchen

4.42 x 3.49


Features

Lot size: 3,877 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
1 day on market
history photo preview48
Listing by trreb®
Property listed by THE REALTY FIRM INC., Brokerage

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Market Data - North London

Geo Zone Map ThumbnailNorth London

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

23 days

2023

24 days

2022

10 days

New Listings

Past 30 days

25 listings

Compared to

2024

23 listings

2023

17 listings

2022

31 listings

Units sold

Past 30 days

10 units

Compared to

2024

8 units

2023

9 units

2022

14 units

Median Sold Price

Past 30 days

$980,000

Compared to

2024

$742,500

2023

$800,000

2022

$828,000


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget