For Sale

$4,999,900.00

572 & 578 COLBORNE Street, London, ON N6B 2T8

18 Beds

Remarks

Looking for a solid investment? Want to be a part of helping the community? With forty years invested by the present owner in putting together and running this rooming house portfolio, he is ready to retire and pass on what has been a rewarding business. With 85 rooms spread out over 6 solid properties, you can run a business which is as socially rewarding as it is a solid business. Rarely any vacancies but easy to rent if any do come up. Many long term tenants. Come take a tour and see if this is for you. All properties must be sold together which include 572 & 578 Colborne Street, 415 Central Avenue, 256 Burwell Street and 250 & 256 Wharncliffe Rd S.

Inclusions:

NONE

Property Summary

  • Lot Frontage: 35.01 Feet
  • Lot Depth: 148.25 Feet
  • No. of Parking Spaces: 12
  • Floor Space (approx): 5300.00 Square Feet
  • Bedrooms: 18
  • Zoning: R3-2 & R11

Property Features:

  • Acres Range:
    < 0.5
  • Basement Finish:
    Unfinished
  • Basement Type:
    Full Basement
  • Construction Materials:
    Brick
  • Features Area Influences:
    Ample Parking , Downtown , High Traffic Area , Public Transit , Shopping Nearby
  • Foundation Detail:
    Concrete Block
  • Heating:
    Forced Air , Gas
  • Interior Features:
    None
  • Laundry Features:
    None
  • Road Access:
    Municipal Road
  • Roof:
    Asphalt Shing , Metal
  • Security Features:
    None
  • Sewer:
    Sewer (Municipal)
  • Topography:
    Flat site
  • Water Source:
    Municipal-Metered
Map
Neighbourhood Info
Devon Abernethy

Devon Abernethy

Sales Representative

Phone:  519.672.9880

Fax:  519.672.5145

Royal LePage Triland Realty, Brokerage (Independently owned and operated)

103 - 240 Waterloo Street
London,  ON N6B 2N4

Get More Info

Get More Info

Book a tour