42.9897° N · 81.2410° W — East F, London East — MLS® #X13773394
500-502 Colborne St
$1,289,900
East F, London East, Ontario N6B 2T5
- 9+2
- BedroomsBeds
- 5
- BathroomsBaths
- 5000 + sqft5000 +
- SizeSq ft
- 45 x 105 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
500-502 Colborne St is a 9+2-bedroom, 5-bathroom multiplex in East F, London East, listed for sale at an asking price of $1,289,900 (MLS® X13773394).
Five licensed units, $110,712 in gross annual income, and a City of London rental license already in hand - 500/502 Colborne is the rare Woodfield multiplex already doing the work for you. This five-unit brick building sits on a 45' x 105' lot minutes from downtown, transit at the door. Scheduled rents total $9,226/month across a 3 bed/2 bath, two 2 bed + dens, a 2 bed, and a 1 bed. Every unit is separately metered - tenants pay hydro, and both 502 units pay their own gas heat. Landlord costs run roughly $27,962 (taxes $13,678.72 verified with the City, insurance $7,983, water/sewer $4,200, gas $1,350, common electricity $750), leaving approximately $82,750 NOI - a cap rate near 6.4% at $1,300,000. The license matters as much as the income: a buyer inherits a legal, rentable five-plex on closing day, not a compliance project. All five units are tenanted and producing incredible rents with A+ tenants. Built 1905, over 5,500 sq ft, 9+2 bedrooms, five baths, five kitchens, one unit recently updated. In-suite and shared laundry, storage lockers, owned water heaters, walk-out lower level, parking for six. R3-2. Flexible possession.
Listing readings
How it measures up
Scores from the listing record and the market around it.
73Good
Condition score
1 documented update signal
Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $13,410 / 2025
- MLS® number
- X13773394
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Building Age
- 100+
- Time on market
- Size
- 5000 + sqft
- Lot Size
- 45 x 105 ft
- Listed on
- Parking
- None, 6 Parking
Listing history
Listing activity for 500-502 Colborne St, London East, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,289,900 | N/A | Pc | X13773394 |
Inside
Room by room
Property
- Property Type
- Multiplex
- Style
- 3-Storey
- Community
- East F
- Municipality
- London East
Building
- Size
- 5000 + sqft
- Building Age
- 100+
- Construction
- Brick
Inside
- Bedrooms
- 9+2
- Bathrooms
- 5
- Bathroom Details
- 2 × 4pc Main, 2 × 4pc 3rd, 1 × 4pc 2nd
- Basement Type
- Walk-Out
- Kitchens
- 5
Parking
- Driveway
- Available
- Garage Type
- None
- Additional Parking
- 6
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 45 ft
- Depth
- 105 ft
- Lot Size
- 45 x 105 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Site report
What the record says
What the City and the conservation authority have on file for this address.
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- railOn recordNearest rail line: 500 m
- airportOn recordNearest airport: 7.6 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 1 test or monitoring hole also recorded.
- npriOn record1 facility within 1 km reports pollutant releases to Environment Canada The nearest is London District Energy, 790 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by London Hydro Inc.
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Upper Thames River Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Lot
- Lot area
- 4,725 sq ft439 m²
- Street frontage
- 45 ft13.7 m
- Depth
- 105 ft32 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land transfer tax on this home
- Ontario land transfer tax
- $22,273
- Total land transfer tax
- $22,273
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $18,273
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,289,900
- $17,798
- Ontario total
- $22,273
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Woodfield French Immersion Public SchoolThames Valley DSBPublic · grades JK–8 · French Immersion77%Grade 6 average250 m
- St Georges Public SchoolThames Valley DSBPublic · grades JK–886%Grade 6 average1.1 km
- St. John French Immersion SchoolLondon District Catholic School BoardCatholic · grades JK–8 · French Immersion83%Grade 6 average1.4 km
- Académie de la TamiseConseil scolaire ViamondeFrench-language public · grades JK–692%Grade 6 average3.2 km
SecondaryGrade 9 math 2024–25
- Catholic Central High SchoolLondon District Catholic School BoardCatholic · grades 9–1257%Grade 9 math300 m
- London Central Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion81%Grade 9 math350 m
- H B Beal Secondary SchoolThames Valley DSBPublic · grades 9–1256%Grade 9 math600 m
- École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–1257%Grade 9 math3 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$7,003
- Mortgage$5,885
- Property tax$1,118
A planning figure, not a quote.
Land transfer tax
$22,273
$18,273 for first-time buyers.
Community
Who lives around it
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Shemeer AhmadVALERY REAL ESTATE INC.
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