763 Colborne Street, London | Image 1

763 Colborne Street

London, East B

  • 5 bed 3 bath
$799,900 est.*: $2,710/mo
For Sale

Added 3 months ago

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  • Type: Triplex

  • Style: 2-Storey

  • Lot Size: 31.99 x 251 Feet

  • Age: No Data

  • Taxes: $5,508 per year

  • Days on Site: 1 Days

  • Added: Aug 12, 2024 (3 months ago)

  • Updated:

  • Last Checked: 9 hours ago

  • MLS®#: X9251807

  • Listed By: Century 21 first canadian corp

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!

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Property

  • Status: Sale

  • Property Type: Triplex

  • Style: 2-Storey

  • Area: London

  • Community: East B

  • Availability Date: Flexible

  • Assessment Amount: $438,000

  • Assessment Year: 2024

Inside

  • Bedrooms: 5

  • Bedrooms Plus: 1

  • Bathrooms: 3

  • Kitchens: 2

  • Kitchens Plus: 1

  • Den/Family Room: Yes

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 3

Building

  • Basement: Finished

  • Basement 2: Full

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Concrete

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Special Designation: Unknown

Parking

  • Driveway: Front Yard

  • Garage Type: None

  • Covered Parking Spaces: 5

  • Total Parking Spaces: 5

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 19 W/S COLBORNE ST AS IN LC158203; S/T & T/W ED26206 LONDO

  • Taxes: $5,508

Land

  • Cross Street: Left onto Colborne f

  • Municipality District: London

  • Fronting On: East

  • Parcel Number: 082400079

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 251 Feet

  • Lot Frontage: 31.99 Feet

  • Zoning: R2-2

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Very Walkable

  • Most errands can be accomplished on foot.
84 /100

Good Transit

  • Some errands can be accomplished by public transportation.
64 /100

Bikeable

  • Some errands can be accomplished on bike.
67 /100
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Map of 763 Colborne Street, London
JK-8

St Michael

Elementary: Catholic
0.68 km
JK-8

Knollwood Park Public School

Elementary: Public
1.65 km
JK-8

St Georges Public School

Elementary: Public
0.18 km
JK-8

Northbrae Public School

Elementary: Public
2.03 km
JK-8

Ryerson Public School

Elementary: Public
0.86 km
K-8

Lord Roberts Public School

Elementary: Public
0.89 km
9-12

École secondaire Gabriel-Dumont

Secondary: Public
2.24 km
9-12

École secondaire catholique École secondaire Monseigneur-Bruyère

Secondary: Catholic
2.22 km
9-12

London South Collegiate Institute

Secondary: Public
3.23 km
9-12

London Central Secondary School

Secondary: Public
1.06 km
9-12

Catholic Central High School

Secondary: Catholic
1.32 km
9-12

H B Beal Secondary School

Secondary: Public
1.52 km

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