$4,999,900

572 & 578 Colborne Street

London ON, N6B 2T8

Description

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.

Details

MLS#40081287
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site28

Features

SQ Feet5,300
Units2
Building(s)1
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Area Information
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN6B 2T8
AreaEast
Listing VS Median (in N6B 2T8)
Price:
$4,999,900
low | high
Med:
$4,999,900
50% of Average
SqFt:
5,300
low | high
Med:
5,300
50% of Average
$ / SqFt:
$943
low | high
Med:
$943
50% of Average
On Site:
28
low | high
Med:
28
100% of Average
Sourced by Back At You
Listing Updated: April 14, 2021 8:00:42 PM PDT
ROGER CARANCI LogoMLS Number: 40081287
Listing Provided By:
ROGER CARANCI  of  ROYAL LEPAGE TRILAND REALTY
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