585 Colborne St

London, N6B 2V1
For Sale
9.83 BTC
585 Colborne St, London
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
585 Colborne St
4 + 2
BEDROOMS
4
BATHROOMS
3
KITCHENS
0
ROOMS
X8258096
MLSID
Contact Us
Property Description
Prime Location Triplex in London, Ontario - Ideal Investment Opportunity: Welcome to this well-maintained triplex in the heart of London, Ontario, offering three separate units including a 1-bedroom apartment, 2-bedroom apartment and 3-bedroom apartments. Situated in a prime location with consistent high rental demand and walkable distance to downtown, this property presents an excellent income-generating opportunity. Features include modern amenities, strong occupancy rates, and proximity to schools, parks, and amenities. Don't miss out on adding this lucrative investment to your portfolio - schedule a viewing today!
Property Details
Property Type
Triplex, 2 1/2 Storey
Lot Size
52' x 50'
Fronting
East
Taxes
$6,005 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
Detached
Listing contracted with Century 21 First Canadian Corp.
Similar Listings
763 Colborne St, London
5+1
BEDS
3
BATHS
9.83 BTC
FOR SALE
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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