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:52316)
PROPERTY MAX REALTY INC.
$3,250,000
1061 RICHMOND STREET, London East, Ontario
12 Bedrooms
26 Bathrooms
16000 Sqft
Property
MLS® Number: X12167420
Address: 1061 RICHMOND STREET
City: London East
Utilities
Central Air: Yes
Heating: Other/Unknown
Parking
Parking Spaces: 11
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Property Sale History
Travel and Neighbourhood
59/100Walk Score®
Somewhat Walkable
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Location
