$1,349,000

500-502 Colborne Street, London East (east F), Ontario

11

Beds

5

Baths

5,000

Square feet

X12339936

MLS® Number

76

Days on Website

For Sale

Listing Type

$1,349,000 | East F London East (east F) Other for Sale at 500-502 Colborne Street London East (east F)

Introducing an exceptional investment opportunity in the heart of the city! 500/502 Colborne Street is a five-unit multi-family property located in the highly desirable Woodfield neighbourhood - ideal for investors looking to maximize rental income in one of London's most sought after markets. This turnkey property offers strong cash flow potential with prime rents and consistent tenant demand. The exterior is well-maintained and recently updated, providing excellent curb appeal and parking for up to six vehicles. Inside, the building features five spacious, well designed units with open-concept layouts that will appeal to todays renters, with one of the main units recently undergoing extensive updating. One of the units include in-suite laundry, while the remaining tenants have access to an on site shared laundry area. With aCity of London rental license already in place, this property offers peace of mind for investors of types. Tenants will appreciate the unbeatable location, with shopping, dining, entertainment, and transit just steps away - making 500/502 Colborne a solid, income-producing asset in a high-demand area. (id:6289)

Financial and Mortgage

List Price $1,349,000
Original Price $1,349,000
Monthly Payment $5,625/month
Get Prequalified
Days on Website 76
Price per square foot $270

500-502 Colborne Street Details

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Construction and Lot

Square Footage 5,000
Bedrooms 11
Bathrooms 5.00
Parking Spaces 6
Parking No Garage
Has Basement Yes
Basement Walk out
Foundation Block
Cooling None
Heating Natural gas Forced air
Exterior Brick
Exterior Features Landscaped
# of Stories 3
Features Flat site

Exterior of 500-502 Colborne Street

Type Multi-family
Amenities Public Transit, Separate Heating Controls, Separate Electricity Meters
Features Flat site

Interior

Appliances Water Heater, Dishwasher, Dryer, Stove, Two Washers, Refrigerator
Fireplace No

Measurements

Square Footage 5,000

East F Information

About East F in London East (east F)

Address 500-502 Colborne Street
Subdivision East F
City London East (east F)
Province Ontario
Postal Code N6B2T5
Amenities Public Transit, Separate Heating Controls, Separate Electricity Meters
Features Flat site
Office/Brokerage PRIME REAL ESTATE BROKERAGE

East F Map, Demographics, Characteristics

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See 500-502 Colborne Street and other East F homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #X12339936 500-502 Colborne Street in East F, London East (east F) Ontario, or fill out the form below. Looking for more East F homes for sale in London East (east F)? Our top London East (east F) real estate specialists are ready to help you buy or sell in the East F area. Contact us today!

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