500 502 Colborne Street, London MLS Number: 40593825

Introducing a lucrative investment opportunity in the heart of the city! 500/502 Colborne is a 5 unit multi-family propertyand a dream come true for savvy investors seeking to maximize their returns. With a prime location, this property is nestledin 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 widerange 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(rentalincrease to $1430 Aug. 1st) Unit 3 $1515+ hydro. 502 Colborne : Unit 1 $2000+ hydro and gas (rental increase to $2050June 1st) Unit 2 $1634+ hydro and gas