863 Colborne
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+46 more
$549,900

863 Colborne

London East (East B), Ontario, N6A4A1

Active
3
Bedrooms
2
Bathrooms
4
Parking

About This Property

This 3-bedroom, 2-bathroom single family in London East (East B) is available for your consideration. The home features forced air, natural gas heating, central air conditioning, a unfinished, full basement.

MLS Remarks

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:60351)

Overview

Property Typeresidential
Sub-Typesingle family
StatusActive
MLS #X12676326

Interior

HeatingForced air, Natural gas
CoolingCentral air conditioning
AppliancesDishwasher, Dryer, Two stoves, Two Washers, Water Heater, Two Refrigerators
BasementUnfinished, Full

Exterior

Exterior FeaturesBrick, Vinyl siding

Parking

Total Spaces4

Fees & Taxes

Annual Taxes$4,107 (2025)

Listing Information

MLS#: X12676326


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$109,980
5%20%50%
Estimated Monthly Payment
$2,445
/month
Mortgage
$439,920
Total Interest
$293,645

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$7,473
Total Due on Closing$7,473

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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863 Colborne London East (East B) — $549,900 — Not A Dream Realty | Not A Dream Realty