500 502 Colborne St, London, Ontario N6B 2T5

Introducing a lucrative investment opportunity in the heart of the city! 500/502 Colborne is a 5 unit multi-family property and a dream come true for savvy investors seeking to maximize their returns. With a prime location, this property is nestled in a sought-after Woodfield neighbourhood, offering a turnkey investment with prime rents, in a thriving rental market. Featuring a well-maintained and updated exterior this property has great curb appeal that allows parking for up to 6 cars. The property comprises 5 spacious, well designed units with open-concept layouts. Tenants can enjoy easy access to a wide range of amenities, including shopping, dining, and entertainment options. On site laundry, eliminating the need for off-site laundry trips. 500 Colborne : Unit 1 $1659.98+ hydro Unit 2 $1396+ hydro(rental increase to $1430 Aug. 1st) Unit 3 $1515+ hydro. 502 Colborne : Unit 1 $2000+ hydro and gas (rental increase to $2050 June 1st) Unit 2 $1634+ hydro and gas