Inside the home
This is a solid older brick two-storey on a notably deep urban lot, with recent mechanical updates — roof and furnace both replaced in 2022, windows in 2025 — that take the biggest near-term costs off the table for the next owner. The interior is livable but dated. The kitchen has original late-1990s white cabinets and laminate counters. The single upstairs bathroom is functional but needs work. Main floor rooms are freshly painted with tile floors throughout; the second floor has original hardwood that cleans up well. The rear yard is the standout feature — unusually deep for the area, fully fenced, with room to add a deck or outbuilding. Currently tenanted. The main floor layout has historically been used as a four-bedroom configuration.
- Extra-deep lot with substantial rear yard
- Solid red brick construction
- New roof (2022) and furnace (2022)
- New windows (2025)
- Original hardwood floors on upper level
- Flexible main floor layout with multiple rooms
- Separate side entrance
- Fenced yard
Attention Investors, welcome to 509 Colborne Street! The property is currently tenanted on a 12 month lease. This 3 bedroom, 1 bathroom home sits on an extra large lot with ample parking - perfect for future expansion or outdoor enjoyment. Located just minutes from Wilfrid Laurier University and with easy highway access, this property offers incredible convenience for students, commuters or first-time buyers. Enjoy peace of mind with recent updates including a newer roof (2022), furnace (2022), AC and windows (2025). Laundry and large storage space in the lower level. Recently painted throughout. This is an excellent investment opportunity in a growing area - ideal as a student rental (the living room has been used as a bedroom in the past making the potential for 4 bedrooms).
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