London East, ON N6B 2S3,175 Colborne ST
London East, ON N6B 2S3,175 Colborne ST
London East, ON N6B 2S3,175 Colborne ST
London East, ON N6B 2S3,175 Colborne ST
London East, ON N6B 2S3,175 Colborne ST
London East, ON N6B 2S3,175 Colborne ST
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$ 499,000
Est. payment | /mo

4 Beds

2 Baths


Save
$ 499,000
Est. payment | /mo
Save

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision East K

MLS Listing ID X12387606

Style 2-Storey

Bedrooms 4

Annual Tax Amount $3,114

Tax Year 2024

Property Sub-Type Duplex

Property Description

Price Improvement! 175 Colborne Street, London, Duplex! Asking $499,000. Purpose-built duplex located just south of London's downtown core in the up-and-coming SOHO area of sale. This duplex consists of 2 two-bedroom, one bathroom apartments that comes with parking and in-unit laundry. Both units are currently leased and bring in $36,816 annually. The tenants are responsible for the hydro. The gas, water, and water heater rentals are paid by the Landlord. the Upper 2 Bedroom $1428 + Hydro and the Lower 2 Bedroom $1640 + Hydro. The 2024 Gross Income is $36,816 with a total 2024 NOI = $30,785.21.

Location

Province ON

County Middlesex

Community East K

Area Middlesex

Rooms

Family Room Yes

Basement Full

Kitchen 2

Interior

Interior Features Other

Cooling Central Air

Exterior

Parking Features Available

Pool None

Roof Type Asphalt Rolled

Lot Frontage 32.0

Lot Depth 92.0

Total Parking Spaces 4

Building

Building Age 31-50

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by CBRE LIMITED
Mike Taylor

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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175 Colborne ST