Incredible opportunity at 863 Colborne Street. Fully renovated, turn-key duplex located in one of Londons most sought-after downtown neighbourhoods. Ideal for investors, multi-generational living, or buyers seeking a mortgage helper, this property offers versatility, style, and strong income potential. Both units are bright, spacious, and modernized throughout, featuring separate laundry, premium finishes, and private outdoor spaces. The front unit boasts a large porch, while the rear unit features a massive deck and expansive backyard, perfect for tenants or families seeking green space. The rear unit includes a large basement storage area, ideal for a recreation room, playroom, or home office, and an unfinished attic space with potential to add a second bedroom, further increasing rental income. Located minutes from Western University, Fanshawe College, and all downtown amenities, this high-demand rental area commands premium rents for quality homes with outdoor living. Don't miss this rare opportunity to own a high-yield, low-maintenance investment in a thriving urban location. Zoned R2 | Updated Mechanicals | Turnkey Investment | Income-Generating
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Approx. Age:
51-99
Total Approx Floor Area:
1500-2000
Lot Size:
<.50
Depth:
125'1"38.1 m
Frontage:
31'⅛"9.45 m
Lot Shape:
Rectangular
Direction Faces:
West
Bedrooms:
3
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Bedrooms Above Grade:
3
Kitchens Above Grade:
2
Rooms Above Grade:
8
Rooms Below Grade:
0
Ensuite Laundry:
No
Fractional Ownership:
No
Zoning:
R2-2
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete, Concrete
Roof:
Asphalt Shingle
Basement:
Partially Finished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
2
Total Parking Spaces:
2.0
Family Room:
Yes
Lot Irregularities:
120.05 x 31.08 x 120.57 x 31.01
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment:
$245,000
Assessment Year:
2025
Taxes:
$3,854 /
2024
Assessment:
$245,000.00 /
2025
London East
East B
Middlesex
Hospital, Park, Public Transit, School
Storage, Water Heater
Porch, Deck
Water Heater
2 x washer/dryer, 2 x fridge, 2 x stove, dishwasher
Data was last updated May 18, 2025 at 06:15 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$899,000
Min list price:
$499,900
Max list price:
$1,999,900
Avg days on market:
19
Min days on market:
2
Max days on market:
401
These statistics are generated based on the current listing's property type
and located in
East B. Average values are
derived using median calculations.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.