500 502 Colborne Street, London East F
- Bedrooms: 10
- Bathrooms: 6
- Living area: 5556 square feet
- Type: Commercial
- Added: 113 days ago
- Updated: 15 days ago
- Last Checked: 13 days ago
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:1945)
Property Details
- Heating: Forced air, Natural gas
- Exterior Features: Concrete, Brick
- Foundation Details: Block
Interior Features
- Basement: Full
- Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
- Living Area: 5556
- Bedrooms Total: 10
Exterior & Lot Features
- Water Source: Municipal water
- Parking Total: 6
- Lot Size Dimensions: Unit=45 x 105 FT
Location & Community
- Directions: SOUTH ON COLBORNEFROM CENTRAL TO 500-502 COLBORNE ON EAST SIDE OF ROAD
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Year: 2024
- Tax Annual Amount: 11890
- Zoning Description: R3-2
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