33
500-502 Colborne Street
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$1,349,000 Sale
Listed 9 days ago
Ā· 9+2
Ā· 5
Ā· 6
Ā· 5000+
Listing History
Buy/Sell/Terminated/Expired listing history for 500-502 Colborne Street
Key Facts
Key facts for 500-502 Colborne Street
Property Type
Apartment, 3-Storey
Parking
None 0 garage, 6 parking
MLS #
X12339936
Size
5000+ sqft
Basement
Walk-Out,Partially Finished
Listed on
2025-08-11
Lot size
45 x 105.0
Tax
$13,410 /yr
Days on Market
11
Approximate Age
100+
Maintenance Fee
-
Description
Introducing an exceptional investment opportunity in the heart of the city! 500/502 Colborne Street is a five-unit multi-family property located in the highly desirable Woodfield neighbourhood - ideal for investors looking to maximize rental income in one of London's most sought after markets. This ...turnkey property offers strong cash flow potential with prime rents and consistent tenant demand. The exterior is well-maintained and recently updated, providing excellent curb appeal and parking for up to six vehicles. Inside, the building features five spacious, well designed units with open-concept layouts that will appeal to todays renters, with one of the main units recently undergoing extensive updating. One of the units include in-suite laundry, while the remaining tenants have access to an on site shared laundry area. With aCity of London rental license already in place, this property offers peace of mind for investors of types. Tenants will appreciate the unbeatable location, with shopping, dining, entertainment, and transit just steps away - making 500/502 Colborne a solid, income-producing asset in a high-demand area.
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Courtesy of: PRIME REAL ESTATE BROKERAGE