$799,900

FOR SALE

Triplex 2-Storey

Bedrooms: 5+1Bathrooms: 3Lot: 31.99 x 251 ft
2023 Taxes: $5,508

763 Colborne St
London, ON N6A 3Z8 | East B | Middlesex

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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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Listed By	CENTURY 21 FIRST CANADIAN CORP
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X9251807
Last Updated	Aug 13, 2024

Property Summary

Property Type	Triplex More like this: London Triplex for Sale
PIN	082400079
Legal Description	PT LT 19 W/S COLBORNE ST AS IN LC158203; S/T & T/W ED26206 LONDON
Parcel of Tied Land	N
Possession Date	Flexible
Taxes (2023)	$5,508
Assessment (2024)	$438,000
Directions/Cross Streets	Left onto Colborne from Oxford heading East.
Neighbourhood	East B
Area	Middlesex

Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information

Fronting On	E
Special Designations	Unknown
Bedrooms	5+1
Bathrooms	3
Kitchens	2+1
Lot	31.99 x 251 ft
Exterior	Concrete
Air Conditioning	None
Family Room	Y
Fireplace/Stove	N
Pool	None
Basement	Finished, Full
Drive	Front Yard
Garage Spaces	0.0
Garage Type	None
Parking Spaces	5
Total Parking Spaces	5.0
Heat Source	Gas
Heat Type	Forced Air
Sewers	Sewers
Water	Municipal
Zoning	R2-2
Seller Property Info Statement	N

Bathrooms

Pieces	Level
3	Bsmt
3	Main
3	2nd

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