1061 Richmond Street, London, Ontario N6A 3J7 (27871258)
$3,450,888
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:54662)
Property Details
| MLS® Number | X11953149 |
| Property Type | Multi-family |
| Community Name | East B |
| Amenities Near By | Hospital, Public Transit, Schools, Place Of Worship |
| Community Features | Community Centre, School Bus |
| Features | Wheelchair Access, Paved Yard |
| Parking Space Total | 10 |
Building
| Bathroom Total | 27 |
| Bedrooms Above Ground | 9 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 12 |
| Appliances | Water Heater, Water Meter |
| Basement Development | Partially Finished |
| Basement Features | Apartment In Basement |
| Basement Type | N/a (partially Finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Concrete, Brick |
| Foundation Type | Concrete, Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Public Transit, Schools, Place Of Worship |
| Sewer | Sanitary Sewer |
| Size Depth | 124 Ft ,10 In |
| Size Frontage | 159 Ft ,1 In |
| Size Irregular | 159.15 X 124.91 Ft ; 1057 & 1061 To Gether |
| Size Total Text | 159.15 X 124.91 Ft ; 1057 & 1061 To Gether|under 1/2 Acre |
| Zoning Description | Munti Residenntial |
Utilities
| Cable | Available |
| Sewer | Available |
Interested in 1061 Richmond Street, London, Ontario N6A 3J7?
Mohan Subramaniyam
Broker of Record
www.mohanteam.com/
www.facebook.com/propertymohan
www.linkedin.com/in/mohansubramaniyam/
6888 14th Avenue East
Markham, Ontario L6B 1A8
(416) 291-3000
(905) 471-4616