763 Colborne St

London | East B | N6A 3Z8
  • 5 + 1
  • 3
  • 0

$849,900

Est. Mtg $2,881 /mo
  • Days on market

    81

  • Status

    New

Listing Broker CENTURY 21 FIRST CANADIAN CORP
Since listed: 2 views

Home details

MLS #:

X8258092

Property type:
Triplex
Style:
2-Storey
Taxes:
$5,508
Possession:
FLEXIBLE
Lot Front:
31.99   Feet
Lot Depth:
251.0   Feet
Basement:
Finished | Full
Driveway Pkg:
5
Heat:
Gas | Forced Air

Description


763 Colborne St, , London, Ontario is a Triplex property in London and in the East B community in the N6A 3Z8 postal code


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!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2010-05 2024-01 $249,900 $245,500 Sld X7541986
2020-08 2021-01 $729,900 $729,900 Exp X4897129
2024-04 2024-05 $849,900 $849,900 New X8258092
2024-02 $129,900 $129,900 X7743182
2024-01 $279,900 $279,900 X7493127
2024-01 $349,900 $349,900 X7579773
2024-02 $729,900 $719,900 X7967850

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

London :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 763 Colborne St

Based on available 3rd party data

$3475

Approximate costs per month

Mortgage
$2881 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$459 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker CENTURY 21 FIRST CANADIAN CORP
Data Source: TRREB

Payment calculator

$3340 monthly. In association with: TD Bank
%
  • Principal and Interest
    2881 /mo
  • Property Taxes
    $459 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mike Zamani, Realtor

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