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500 502 Colborne Street London, ON

$1,400,000
|
10 Beds
|
  6 Full
|

PROPERTY INFO

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:4555)

PROPERTY SPECS

Listing ID X8382104
Address 500 502 COLBORNE STREET
City London, ON
Price $1,400,000
Bed / Bath 10 / 6 Full
Construction Brick, Concrete
Land Size Unit=45 x 105 FT
Status For sale

EXTENDED FEATURES

Appliances Dishwasher, Dryer, Refrigerator, Stove, WasherBasement FullParking 6Amenities Nearby Hospital, Public Transit, RecreationStructure DeckFoundation BlockHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2024-06-04 14:21:49Days on Market 104Parking 6
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226.881.0754

REQUEST MORE INFORMATION

LISTING OFFICE:
Prime Real Estate Brokerage, Mark Tyson
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