101 days on market
$799,900
For Sale

763 Colborne St

East B, London

5+1 Bed|3+1 Bath|Yes|101 days on market

$799,900

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Home Details

Taxes
$459 / month
Total Parking Spots
5
Driveway
Front Yard
Garage Spaces
0
Furnished
No
Lot Size
31.99 x 251.00 Feet
Move-in Date
Flexible
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Finished, Full
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Exterior
Concrete
Zoning
R2-2
Sewer
Sewers
Property Type
Triplex
Style
2-Storey
Status
New
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Listing Description

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!

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Apr 18, 2024112$849,900N/ATerminatedX8258092
Jan 20, 2024N/A$129,900N/ASoldX7743182
Dec 30, 2023N/A$279,900N/ASoldX7493127
Nov 22, 2023N/A$349,900N/ASoldX7579773
Aug 29, 2023N/A$719,900N/ASoldX7967850
Aug 29, 2020124$729,900N/AExpiredX4897129
May 15, 201013$249,900$245,500SoldX7541986

Market Trends and Insights

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Your estimated monthly payment for 763 Colborne St is 4402

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Purchase Price$799900
Down Payment$159980
Mortgage Insurance$0
Total Mortgage$639920

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Mortgage Payment$3943
Property Taxes$459
Maintenance Fees$0
Monthly Payment$4402
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About 763 Colborne St, London

Located at 763 Colborne St , this London house is available for sale. This property was listed for $799,900 on Tue Aug 13 2024. This house's size is 31.99 x 251.00 Feet. It has 5 bedrooms and 3 bathrooms. The property includes the following rooms: . This property comes with 5 parking spots. 763 Colborne St, London is situated in the East B neighbourhood.


MLS#: X9251807 · $799,900 · 5 bedroom house in East B, London