ON > London > East B
London, ON N6A 3J7,1061 Richmond ST
London, ON N6A 3J7,1061 Richmond ST
London, ON N6A 3J7,1061 Richmond ST
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$3,450,888
Est. payment /mo
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12 Beds
27 Baths
Active

1061 Richmond ST London, ON N6A 3J7

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Mitra Nobakht-Eivaly

Mitra Nobakht-Eivaly

+1(416) 832-9292

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Subdivision East B

MLS Listing ID X11953149

Style 2-Storey

Bedrooms 12

Annual Tax Amount $8,887

Tax Year 2024

Property Sub-Type Multiplex

Lot Depth 124.91

Lot Front 159.15

Property Description

Opportunity knocks with this unique property at 1057 & 1061 Richmond Street! Formerly a church, this solidly constructed building offers limitless potential for renovation. Located just an eight-minute walk to the University of Westerns Richmond Gate, its in the heart of Londons academic hub, with Kings, Huron, and Brescia Colleges, as well as Londons University Hospital, all within walking distance.Renovations to the first and second floors, as well as the basement, have already begun, and much of the work is complete. With 9 larger units (potential for 12) and a total of 27 washrooms, this property is perfect for rental income. Theres ample parking space for tenants, and the NF Zone variation allows for a variety of permitted uses. Taxes will be assessed after work completion.This is a must-see to appreciate opportunitycall to schedule your viewing today! See attached for more details. Extras include all items in the basement (36741960). **EXTRAS** All existing materials and other items on the property 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

Separate Den/Office 3

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 10.0

Pool None

Roof Type Metal

Lot Frontage 159.15

Lot Depth 124.91

Total Parking Spaces 10

Building

Unit Features Hospital,Public Transit,School,Place Of Worship,Rec./Commun.Centre,School Bus Route

Foundation Concrete, Concrete Block

Others

ParcelsYN No

Virtual Tour https://www.youtube.com/watch?v=rsOXJB0-t04

Listed by PROPERTY MAX REALTY INC.

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Mitra Nobakht-Eivaly

Real Estate Sales Representatives

+1(416) 832-9292

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1061 Richmond ST

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