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:4069)
Address
1061 RICHMOND STREET
List Price
$3,450,888
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
London
Bedrooms
12
Bathrooms
26
Floor Area
16,000 Sq. Ft.
Lot Size
Bldg=159.15 x 124.91 FT ; 1057 & 1061 To gether Sq. Ft.
MLS® Number
X11952956
Listing Brokerage
PROPERTY MAX REALTY INC.
Postal Code
N6A3J7
Zoning
Munti Residenntial
Site Influences
Public Transit, Recreation
