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$ 689,900
Est. payment | /mo
6 Beds
3 Baths
$ 689,900
Est. payment | /mo
6 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision East B
MLS Listing ID X12142153
Style 2-Storey
Bedrooms 6
Annual Tax Amount $6,890
Tax Year 2024
Property Sub-Type Triplex
Property Description
Welcome to 763 Colborne Street, a prime triplex investment opportunity located in the heart of Londons prestigious Old North neighbourhood. This fully occupied, turnkey property generates over $50,000 in annual gross income and offers a strong cap rate. The home features three self-contained unitslower, main, and uppereach with its own private entrance. The lower and main floor units include utilities, while the upper unit is separately metered for hydro. Situated just minutes from Downtown, Western University, Fanshawe College, St. Josephs Hospital, and numerous amenities, this property attracts AAA tenants and ensures stable, long-term rental demand. This is a rare chance to own a cash-flowing property in one of Londons most desirable communities. Income and expense details available upon request.
Location
Province ON
County Middlesex
Community East B
Area Middlesex
Rooms
Family Room Yes
Basement Finished, Full
Kitchen 3
Separate Den/Office 1
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private, Front Yard Parking
Pool None
Roof Type Asphalt Shingle
Lot Frontage 31.99
Total Parking Spaces 5
Building
Foundation Concrete Block
Listed by CENTURY 21 FIRST CANADIAN CORP