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Listed by Prime Real Estate Brokerage.
500-502 Colborne Street is a Multiplex, 3-Storey and is currently for Sale @ $1,349,000. Taxes in 2025 were $13,410.00.
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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 neighbour hood - ideal for investors looking to maximize rental income in one of Londons most sought aftermarkets. The 3-Storey on 500-502 Colborne Street has 9 bedrooms, 5 bathrooms, and is located on a 105 x 45 ft lot in the community of East F . 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.
5 Refrigerators, 5 stoves, 3 Dishwashers, 2 Washers, 2 Dryers, 3 Hot water heaters
The address 500-502 Colborne Street was listed for sale (MLS# X12339936) on Monday, August 11, 2025.