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$699,900
Available - For Sale
Listing ID: X12273840
Incredible opportunity at 863 Colborne Street. Fully renovated, turn-key duplex located in one of London's most sought-after downtown neighbourhoods. Ideal for investors, multi-generational living, or buyers seeking a mortgage helper, this property offers versatility, style, and strong income potential. Both units are bright, spacious, and modernized throughout, featuring separate laundry, premium finishes, and private outdoor spaces. The front unit boasts a large porch, while the rear unit features a massive deck and expansive backyard, perfect for tenants or families seeking green space. The rear unit includes a large basement storage area, ideal for a recreation room, playroom, or home office, and an unfinished attic space with potential to add a second bedroom, further increasing rental income. Located minutes from Western University, Fanshawe College, and all downtown amenities, this high-demand rental area commands premium rents for quality homes with outdoor living. Don't miss this rare opportunity to own a high-yield, low-maintenance investment in a thriving urban location. Zoned R2-2 | Updated Mechanicals| Turnkey Investment | Income-Generating
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $34,995 $69,990 $104,985 $139,980
First Mortgage $664,905 $629,910 $594,915 $559,920
CMHC/GE $18,284.89 $12,598.2 $10,411.01 $0
Total Financing $683,189.89 $642,508.2 $605,326.01 $559,920
Monthly P&I $2,926.05 $2,751.81 $2,592.56 $2,398.09
Expenses $0 $0 $0 $0
Total Payment $2,926.05 $2,751.81 $2,592.56 $2,398.09
Income Required $109,726.85 $103,192.98 $97,221.16 $89,928.52

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
THE REALTY FIRM INC.

863 Colborne Stre North , London East, N6A 4A1, Middlesex

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Duplex
Area: Middlesex
Municipality: London East
Neighbourhood: East B
Style: Bungalow
Lot Size: x 125.05(Feet)
Approximate Age: 51-99
Tax: $3,854
Maintenance Fee: $0
Beds: 3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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