About 1061 Richmond Street
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
Features of 1061 Richmond Street
| MLS® # | X12469313 |
|---|---|
| Price | $2,999,999 |
| Bedrooms | 27 |
| Bathrooms | 27.00 |
| Square Footage | 5,000 |
| Acres | 0.00 |
| Type | Residential Freehold |
| Sub-Type | Multiplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 1061 Richmond Street |
|---|---|
| Area | Middlesex |
| Subdivision | East B |
| City | London East |
| Province | ON |
| Postal Code | N6A 3J7 |
Amenities
| # of Garages | 11 |
|---|---|
| Garages | Other |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Basement | Apartment, Partially Finished |
Exterior
| Exterior | Concrete, Brick |
|---|
Listing Details
| Office | PROPERTY MAX REALTY INC. |
|---|