1061 Richmond Street London East, Ontario N6A 3J7
$3,250,000
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:61852)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X12167420 |
| Property Type | Multi-family |
| Community Name | East B |
| AmenitiesNearBy | Public Transit, Recreation |
| ParkingSpaceTotal | 11 |
Building
| BathroomTotal | 26 |
| BedroomsTotal | 12 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeExterior | 16000 Sqft |
| SizeInterior | 16000 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit, Recreation |
| SizeDepth | 124 Ft ,10 In |
| SizeFrontage | 159 Ft ,1 In |
| SizeIrregular | Bldg=159.15 X 124.91 Ft ; 1057 & 1061 To Gether |
| SizeTotalText | Bldg=159.15 X 124.91 Ft ; 1057 & 1061 To Gether |
| ZoningDescription | Munti Residenntial |
https://www.realtor.ca/real-estate/28354061/1061-richmond-street-london-east-east-b-east-b
Interested?
Contact us for more information
Mohan Subramaniyam
Broker of Record
6888 14th Avenue East
Markham, Ontario L6B 1A8
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May 22 2025 11:26:52
Toronto Real Estate Board
Property Max Realty Inc.
