London, ON N6B2T5 500 502 COLBORNE STREET

$1,400,000

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Presented By: PRIME REAL ESTATE BROKERAGE
  • MLS# X8382104
  • 05/22/2024
  • Request Tour
  • Request Info
  • Beds • 10
  • Baths • 6
  • SQFT • 5,556

Home Details

Introducing a lucrative investment opportunity in the heart of the city! 500/502 Colborne is a 5 unit multi-family property\r\nand a dream come true for savvy investors seeking to maximize their returns. With a prime location, this property is nestled\r\nin a sought-after Woodfield neighbourhood, offering a turnkey investment with prime rents, in a thriving rental market.\r\nFeaturing a well-maintained and updated exterior this property has great curb appeal that allows parking for up to 6 cars.\r\nThe property comprises 5 spacious, well designed units with open-concept layouts. Tenants can enjoy easy access to a wide\r\nrange of amenities, including shopping, dining, and entertainment options. On site laundry, eliminating the need for off-site laundry trips. 500 Colborne : Unit 1 $1659.98+ hydro Unit 2 $1396+ hydro(rental\r\nincrease to $1430 Aug. 1st) Unit 3 $1515+ hydro. 502 Colborne : Unit 1 $2000+ hydro and gas (rental increase to $2050\r\nJune 1st) Unit 2 $1634+ hydro and gas (id:7434)
Presented By: PRIME REAL ESTATE BROKERAGE

Interior Features for 500 502 COLBORNE STREET

Other Interior Features

Basement TypeFull
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air

General for 500 502 COLBORNE STREET

AmenitiesRecreation, Public Transit, Hospital
Building AppliancesDishwasher, Dryer, Refrigerator, Stove, Washer
CommunityNameEast F
Foundation TypeBlock
Location DescriptionSOUTH ON COLBORNEFROM CENTRAL TO 500-502 COLBORNE ON EAST SIDE OF ROAD
Parking Space Total6
Property TypeBusiness
Zoning DescriptionR3-2

Exterior for 500 502 COLBORNE STREET

Exterior FinishConcrete, Brick
Land Amenities Recreation, Public Transit, Hospital
SewerSanitary sewer
StructureDeck

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $1,400,000
MLS#X8382104
List Date 05/22/2024
Property Type Business Op
Phone 403.608.2191
Request Tour
Request Info
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