5 Beds 3 Bath

763 Colborne Street, London East, ON N6A 3Z8

London East N6A 3Z8 Ontario

MLS: X12142153

$689,900

Added 12 days ago | For Sale

Listed by: CENTURY 21 FIRST CANADIAN CORP

About Property

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.

Features

  • House Style:Triplex
  • Bathrooms:3
  • Land Size: 31.99 X 0
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Left onto Colborne from Oxford heading East.
  • Basement:Finished,Full , Finished,Full
  • Possession Date:Flexible
  • Annual Property taxes: $6890
  • Bedrooms:5 +1
  • Total Parking Spaces:5
  • Parking Places:5
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12142153

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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