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:4069)
| Address |
500 502 COLBORNE STREET |
| List Price |
$1,400,000 |
| Property Type |
Business |
| Area |
Ontario |
| Sub-Area |
London |
| Bedrooms |
10 |
| Bathrooms |
6 |
| Floor Area |
5,556 Sq. Ft. |
| Lot Size |
Unit=45 x 105 FT Sq. Ft. |
| MLS® Number |
X8382104 |
| Listing Brokerage |
PRIME REAL ESTATE BROKERAGE
|
| Basement Area |
Full |
| Postal Code |
N6B2T5 |
| Zoning |
R3-2 |
| Site Influences |
Recreation, Public Transit, Hospital |
