521 Colborne Street, London | Image 1

521 Colborne Street

London, East F

  • Commercial

$XXX,XXX
For Sale

Added 3 months ago

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  • Type: Office

  • Property Type: Commercial

  • Zoning: R3-2

  • Age: No Data

  • Taxes: 13379.24

  • MLS®#: X9041184

  • Added: Jul 16, 2024 (3 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: MAVERICK REAL ESTATE INC.

Welcome to a truly exceptional property situated at the highly sought-after corner of Colborne and Princess. This versatile building offers tremendous value with approximately 3734 sq ft of usable space. Step inside to discover the timeless charm showcased throughout, featuring meticulously preserved wood floors, trim, and intricate detailing. Originally designed for office use, this property holds immense potential for transformation into a luxurious high-end home, thanks to its prime location and character-filled ambiance. The R3-2 zoning designation further expands the possibilities, allowing for various residential uses. Parking will never be a concern, as the property provides ample space for up to 15 vehicles. Don't miss out on this rare and remarkable opportunity to own a property with such incredible potential for both commercial and residential purposes. Contact us today and unlock the possibilities that await in this extraordinary building.

Property

  • Status: Sale

  • Property Type: Office

  • Property Type: Office

  • Net Income: 81570

  • Area: London

  • Community: East F

  • Availability Date: ASAP

  • Assessment Amount: $396,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: No

Building

  • Heat Type: Gas Hot Water

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 10 S/E PRINCESS AV AS IN 427035 LONDON

  • Taxes: $13,379

  • Expenses: Est

  • Insurance Fee: 3570

  • Hydro Expense: 3018

  • Heat Expenses: 4444

  • Other Expenses: 1661

  • Taxes Type: Annual

  • Tax Year: 2023

Land

  • Cross Street: Colborne St. at Prin

  • Municipality District: London

  • Parcel Number: 082710020

  • Lot Depth: 90 Feet

  • Lot Frontage: 75 Feet

  • Zoning: R3-2

Commercial Specific

  • Sprinklers: N

  • Total Area: 3734

  • Total Area Metric: Sq Ft

  • Office Size: 3734

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Building

  • Survey: N

  • Soil Test: N

Map of 521 Colborne Street, London
JK-8

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JK-8

Aberdeen Public School

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1.38 km
5-8

St Mary School

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1.13 km
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St Georges Public School

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St. John French Immersion School

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K-8

Lord Roberts Public School

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Catholic Central High School

Secondary: Catholic
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H B Beal Secondary School

Secondary: Public
0.67 km
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