$ 2,999,999
-
$2,999,999
Price -
27
Bed -
27
Bath -
5,000
SqFt
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About the Listing 054900 -
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
Listing Highlights for 1061 Richmond St
Interior Details
- Bedrooms: 27
- Bathrooms: 27 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment,Partially Finished
- Other: Wheelchair Access,Water Heater,Water Meter
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Metal
- Others: Paved Yard
- Sewer: Sewer
- Parking Features: Private
Financial Details
- Tax Amount: $8,888
- Taxes w/Assessments: N/A
- Tax/Property ID: 082420173
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1061 Richmond St London East, ON N6A 3J7
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