763 Colborne Street London East, Ontario N6A 3Z8
$689,900
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. (id:18082)
Property Details
| MLS® Number | X12142153 |
| Property Type | Multi-family |
| Community Name | East B |
| Parking Space Total | 5 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 6 |
| Appliances | Stove, Refrigerator |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Exterior Finish | Concrete |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Frontage | 32 Ft |
| Size Irregular | 32 Ft |
| Size Total Text | 32 Ft |
| Zoning Description | R2-2 |
https://www.realtor.ca/real-estate/28298242/763-colborne-street-london-east-east-b-east-b
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May 12 2025 06:24:15
London and St. Thomas Association of REALTORS®
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