1061 Richmond Street London, Ontario N6A 3J7
$3,450,888
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. (id:50886)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X11952956 |
| Property Type | Multi-family |
| Community Name | East B |
| Amenities Near By | Public Transit, Recreation |
| Parking Space Total | 11 |
Building
| Bathroom Total | 26 |
| Bedrooms Total | 12 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 16000 Sqft |
| Size Interior | 16,000 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Depth | 124 Ft ,10 In |
| Size Frontage | 159 Ft ,1 In |
| Size Irregular | Bldg=159.15 X 124.91 Ft ; 1057 & 1061 To Gether |
| Size Total Text | Bldg=159.15 X 124.91 Ft ; 1057 & 1061 To Gether |
| Zoning Description | Munti Residenntial |
https://www.realtor.ca/real-estate/27871233/1061-richmond-street-london-east-b
Contact Us
Contact us for more information
Mohan Subramaniyam
Broker of Record
www.mohanteam.com/
www.facebook.com/propertymohan
www.linkedin.com/in/mohansubramaniyam/
6888 14th Avenue East
Markham, Ontario L6B 1A8
(416) 291-3000
(905) 471-4616
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February 04 2025 04:09:05
Toronto Regional Real Estate Board
Property Max Realty Inc.