44
$2,999,999 Sale
Listed 1 day
1061 RICHMOND STREET
· 12
· 26.0
· 11
· 16000
Key Facts
Key facts for 1061 RICHMOND STREET
Property Type
Apartment, Multi-Family
Parking
Garage: No, 11 parking
MLS #
X12469394
Size
16000 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
This is a prime opportunity to acquire a distinctive and solidly-constructed former church at 1057 & 1061 Richmond Street, offering exceptional potential for rental income in London's high-demand academic core. The property is currently configured into nine large units, each containing three rooms a...nd three washrooms, for a total of 27 rooms and 27 washrooms, with approved potential to reconfigure into 12 units. Ideally situated just an eight-minute walk from the University of Western Ontario and within walking distance of several affiliated colleges and the University Hospital, it guarantees a strong tenant market. Value-add renovations are already well underway on the first and second floors and the basement. Coupled with ample parking and a flexible NF zoning, this property is a must-see investment. Taxes will be reassessed upon completion of work. (id:10452)
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Listing courtesy of: PROPERTY MAX REALTY INC.
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