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:52316)
PROPERTY MAX REALTY INC.
$2,999,999
1061 RICHMOND STREET, London East, Ontario
27 Bedrooms
27 Bathrooms
Property
MLS® Number: X12469313
Address: 1061 RICHMOND STREET
City: London East
Exterior: Concrete, Brick
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 11
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Property Sale History
Travel and Neighbourhood
63/100Walk Score®
Somewhat Walkable
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Location
