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763 Colborne Street, London, ON, N6A 3Z8

MLS® # 40562082
Investment For Sale In North London, London, Ontario
$849,900
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
763 Colborne Street, London, ON
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Home Insurance - TD Insurance
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Home Insurance - TD Insurance

Get a home insurance quote online for this $849,900 property in London

Provided by TD Insurance
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ACTIVE
763 Colborne Street, London, ON, N6A 3Z8
$849,900

Property Information:

Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don't miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey!

Inclusions: Microwave

Building Features:

  • Floor Space: 1872 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished
  • Built in: 1901
  • Construction Materials: Block
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open, Private Drive Single Wide
  • Floor Space (approx): 1872 Square Feet
  • Heating: Forced Air
  • Laundry Features: In-Suite
  • Lot Depth: 251 Feet
  • Lot Features: Rectangular, City Lot, Hospital, Public Transit, Shopping Nearby
  • Lot Frontage: 31.99 Feet
  • Parking Features: Asphalt
  • Roof: Asphalt Shing
  • Security Features: Alarm System, Security System
  • Water Source: Municipal
  • Water Treatment:
  • Zoning: R2-2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 763 Colborne Street, London, ON, N6A 3Z8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

35 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 763 Colborne Street , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 763 Colborne Street , experiences 11 significant 2-day storms per year, with about 328.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.2mm of precipitation per year.

Precipitation Per Storm

Past
328.5mm
2050
404.2mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 763 Colborne Street, London, ON, N6A 3Z8

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$183,578.89

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.04 %

High school certificate or equivalent

21.94 %

Apprenticeship trade certificate/diploma

3.6 %

College/non-university certificate

17.16 %

University certificate (below bachelor)

2.04 %

University Degree

47.23 %

Commuter

Travel To Work

By Car

70.66 %

By Public Transit

11.34 %

By Walking

14.45 %

By Bicycle

0.94 %

By Other Methods

2.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.8 %

Houses

59.2 %

Own Vs. Rent

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