863 COLBORNE STREET, London East (East B), Ontario, N6A4A1

Property Description

Welcome to Old North-one of London's most prestigious and highly sought-after neighbourhoods. This exceptional, fully renovated turn-key property offers incredible flexibility as a single-family home or potential duplex, making it ideal for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. Thoughtfully redesigned throughout with over $50,000 spent on renos, both units are bright, spacious, and finished with modern upgrades, including separate laundry, quality finishes, and private outdoor living areas. The front unit features an inviting covered porch, while the rear unit boasts an oversized deck and expansive backyard rare outdoor space in this central location and highly attractive to tenants and families alike. The rear unit also benefits from a generous basement storage area with versatile potential for a recreation room, home office, or playroom, as well as an unfinished attic space offering the opportunity to add an additional bedroom or loft and further increase rental income. Located just minutes from Western University, Fanshawe College, and the full range of downtown amenities, Old North remains one of London's strongest and most reliable rental markets. Properties of this caliber with outdoor living command premium rents and long-term demand. A rare opportunity to secure a low-maintenance, income-producing property in one of the city's most desirable urban settings. This home offer 2 separate kitchens and separate laundry as well! (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Style: Bungalow
• Bedrooms: 3 (3 above)
• Bathrooms: 2
• Ownership: Freehold
• Attached: No
• Parking: 4 spaces (No Garage)
• Frontage: 31 ft (9.5 m)

Costs

• Annual Taxes: $4,107.00 (2025)

Listing Provided by: THE REALTY FIRM INC.
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.