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1061 Richmond Street London East, Ontario N6A 3J7

27 Bedroom 27 Bathroom 5000 - 100000 sqft
Central Air Conditioning Forced Air

$2,999,999

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 (id:60365)

Property Details

MLS® Number X12469313
Property Type Multi-family
Community Name East B
AmenitiesNearBy Hospital, Public Transit, Schools, Place Of Worship
CommunityFeatures Community Centre, School Bus
Features Wheelchair Access, Paved Yard
ParkingSpaceTotal 11

Building

BathroomTotal 27
BedroomsAboveGround 27
BedroomsTotal 27
Appliances Water Heater, Water Meter
BasementDevelopment Partially Finished
BasementFeatures Apartment In Basement
BasementType N/a (partially Finished)
CoolingType Central Air Conditioning
ExteriorFinish Concrete, Brick
FoundationType Concrete, Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 5000 - 100000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Hospital, Public Transit, Schools, Place Of Worship
Sewer Sanitary Sewer
SizeDepth 124 Ft ,10 In
SizeFrontage 159 Ft ,2 In
SizeIrregular 159.2 X 124.9 Ft ; 1057 & 1061 To Gether
SizeTotalText 159.2 X 124.9 Ft ; 1057 & 1061 To Gether|under 1/2 Acre
ZoningDescription Munti Residenntial

Utilities

Cable Available
Electricity Available
Sewer Available

https://www.realtor.ca/real-estate/29004709/1061-richmond-street-london-east-east-b-east-b

Mohan Subramaniyam
Broker of Record


Property Max Realty Inc.
6888 14th Avenue East
Markham, Ontario L6B 1A8

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