1061 Richmond ST new Save Request In-Person Tour Request Virtual Tour
London East,ON N6A 3J7
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision East B
MLS Listing ID X12469313
Style 2-Storey
Bedrooms 27
Annual Tax Amount $8,887
Tax Year 2024
Property Sub-Type Multiplex
Property Description
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
Location
Province ON
County Middlesex
Community East B
Area Middlesex
Rooms
Family Room Yes
Basement Apartment,Partially Finished
Kitchen 9
Interior
Interior Features Wheelchair Access,Water Heater,Water Meter
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Paved Yard
Parking Features Private
Garage Spaces 11.0
Pool None
Roof Type Metal
Lot Frontage 159.15
Lot Depth 124.91
Total Parking Spaces 11
Building
Unit Features Hospital,Public Transit,School,Place Of Worship,Rec./Commun.Centre,School Bus Route
Foundation Concrete,Concrete Block
Others
ParcelsYN Yes
Virtual Tour https://www.youtube.com/watch?v=rsOXJB0-t04