763 Colborne St

Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $62,000 annual rent income possible). Presently the main level three bedroom unit is rented at $2074 a month plus utilities; and $1529 for the garden suite inclusive of utilities. There is a rare detatched coach house tucked away in the backyard that provides the perfect work-from-home studio location you have been searching for or just additional income! Currently the upper spacious studio unit is vacant making this a perfect mortage helper property for the owner to reside in one unit and collect rental income from the other two units. Top to bottom, nearly everything has been redone from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Seller financing / vendor take back option to aid in the process of downpayment possible for qualified buyers. Dont wait!

Location, Location, Location! This legal triplex, situated on the south side of London's South Collegiate Institute in the sought-after Old South neighbourhood, offers a prime investment opportunity. The property includes a two-car garage and ample parking space. It features two fully rented two-bedroom apartments and a one-bedroom lower-level apartment. With two separate hydro meters, this property is well-equipped for efficient management.

Discover the ideal investment opportunity in the heart of Old South! This charming all brick triplex boasts a 3-bedroom upper unit with a finished loft, along with a spacious 1 bedroom on the main, and 2 bedroom lower unit, all with in-suite laundry. Features like a detached garage and four convenient parking spaces, and brand new roof 2024 make this property perfect for investors looking to expand their portfolio! Don't miss your chance to own a versatile, income-generating property in one of the city's most sought-after neighbourhoods!!

Investors, take note! This turnkey triplex is a rare opportunity to own or live in one of the units while enjoying a well-maintained income property in a desirable family-friendly neighbourhood. Fully licensed and fire inspected. Offering three spacious two-bedroom units, the property has been updated with modern kitchens, bathrooms and flooring, as well as updated heating, plumbing, and electrical systems. Roofing was updated in 2019. Projected to generate $40,630 in gross rental income for 2024, with operating expenses estimated at $11,826, the property is set to achieve a net income of approximately $28,804. With its fair market rental potential of $64,200 annually, this property offers both immediate returns and exciting long-term growth potential. Current rents for the middle and lower units are $1,225 per month, including utilities, with reliable, long-term tenants who wish to stay. The recently vacated upper unit provides an excellent option for owner-occupancy or securing a new tenant at market rent of $1,750 or more. On-site coin laundry is available. Additional highlights include ample parking and a private rear yard, all within close proximity to parks, schools, and public transit. Whether youre a seasoned investor or just starting your portfolio, this low-maintenance, high-performing property is an exceptional opportunity.

Fabulous Investment Opportunity To Own This Property Located In The Heart Of Old East London. 4 Vehicle Parking In The Back Alley. On Site Laundry. Main Floor 2 Bd + Den And 4 pc Bath. Upper Unit Is A 1 Bedroom 1 Bath. Both Units Are Leased . 3rd Unit In The Basement Which Is Currently Vacant. Fully Fenced Yard. All Units Come Equipped With Fridge And Stove.

This hidden gem punctuates the neighbourhood in Historic Downtown Woodfield; a turnkey renovated triplex / three unit 19th century cottage charmer style home. Full of history, this newly renovated multi-generational home sits on a huge lot with one of the largest backyards on the street that features a row of fully mature lilac bushes, an outdoor living space with gas hookup, huge gardens and two driveways with space for up to six cars. Lord Roberts Public School and London Central Secondary School are within walking distance making this a great income property or the perfect multigenerational family home featuring three spacious bedrooms, two bathrooms, a full kitchen, kitchenette and laundry in the back. The home also features a legal two bedroom upper apartment w/ separate entrance and dedicated laneway and a one bed and one bath private front unit making it the perfect mortgage-helper or investment opportunity. Currently the main level rear three bedroom unit with two full baths and in suite laundry is rented with a recent lease for $1999/month; while the upper two bedroom unit and front one bedroom unit are currently vacant. The owners are projecting for the main level front one bedroom unit to rent for $1599/month and the upper two bedroom unit to rent out for $1399/month. The configuration would allow the main level two units to be opened up into a single oversized shared space. This property was operated as a succesful short term rental previously and would be well suited for an owner to occupy the upperor front unit and short term rent the main unit. It also presents the oppurtunity for an in demand midterm or long term rental with the flexibility to place profesionals, families or students. As Woodfield continues to develop and become a more and more souight after neighbourhood, secure your piece of history for the inevitable appreciation of the future.