$2,999,999

1061 Richmond Street, London East (east B), Ontario

27

Beds

27

Baths

5,000

Square feet

X12469313

MLS® Number

1

Days on Website

For Sale

Listing Type

$2,999,999 | East B London East (east B) Other for Sale at 1061 Richmond Street London East (east B)

Opportunity knocks with this unique property at 1057 & 1061 Richmond Street, a solidly constructed former church offering limitless potential. The building is configured into 9 larger units, which collectively contain a total of 27 rooms and 27 washrooms, making it an ideal investment for rental income, with the potential to be reconfigured into 12 units. Its location is in the heart of London's academic hub, just an eight-minute walk to the University of Western Ontario's Richmond Gate and within walking distance of Kings, Huron, and Brescia Colleges, as well as London's University Hospital. Renovations to the first and second floors and the basement are already well underway, and the property also offers ample tenant parking and an NF Zone variation for a variety of permitted uses. Taxes will be assessed upon work completion. This is a must-see opportunity to be fully appreciated-call to schedule your viewing today! All existing materials and items in the basement will be provided at a reasonable price (id:6289)

Financial and Mortgage

List Price $2,999,999
Original Price $2,999,999
Monthly Payment $12,509/month
Get Prequalified
Days on Website 1
Price per square foot $600

1061 Richmond Street Details

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Construction and Lot

Square Footage 5,000
Bedrooms 27
Bathrooms 27.00
Parking Spaces 11
Parking No Garage
Has Basement Yes
Basement Apartment in basement
Foundation Concrete, Block
Cooling Central air conditioning
Heating Natural gas Forced air
Exterior Concrete, Brick
# of Stories 2
Features Wheelchair access, Paved yard

Exterior of 1061 Richmond Street

Type Multi-family
Amenities Hospital, Public Transit, Schools, Place of Worship
Features Wheelchair access, Paved yard

Interior

Appliances Water Heater, Water meter
Fireplace No

Measurements

Square Footage 5,000

East B Information

About East B in London East (east B)

Address 1061 Richmond Street
Subdivision East B
City London East (east B)
Province Ontario
Postal Code N6A3J7
Amenities Hospital, Public Transit, Schools, Place of Worship
Features Wheelchair access, Paved yard
Office/Brokerage PROPERTY MAX REALTY INC.

About Condo Complex

Amenities Community Centre, School Bus
Community Features Community Centre, School Bus

East B Map, Demographics, Characteristics

Book a Viewing of 1061 Richmond Street and other East B homes.

See 1061 Richmond Street and other East B homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #X12469313 1061 Richmond Street in East B, London East (east B) Ontario, or fill out the form below. Looking for more East B homes for sale in London East (east B)? Our top London East (east B) real estate specialists are ready to help you buy or sell in the East B area. Contact us today!

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