• Mobile: 416-548-7854
  • Office: 416-548-7854
  • Fax: 416-981-7184
  • Toll Free: 1-866-382-2968

$2,999,999
Available - For Sale
Listing ID: X12469313
1061 Richmond Street , London East, N6A 3J7, Middlesex


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
Price $2,999,999
Taxes: $8887.54
Occupancy: Vacant
Address: 1061 Richmond Street , London East, N6A 3J7, Middlesex
Acreage: < .50
Directions/Cross Streets: Richmond St/Huron St
Rooms: 40
Bedrooms: 27
Bedrooms +: 0
Family Room: T
Basement: Apartment, Partially Fi
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Second
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Multiplex
Style: 2-Storey
Exterior: Concrete, Brick
Garage Type: Other
(Parking/)Drive: Private
Drive Parking Spaces: 0
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 5000 +
Property Features: Hospital, Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: True
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: A
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
PROPERTY MAX REALTY INC.
Personal Picture
Dir:
1057 & 1061 To
 
 Virtual Tour   Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Multiplex
Area: Middlesex
Municipality: London East
Neighbourhood: East B
Style: 2-Storey
Lot Size: x 124.91(Feet)
Approximate Age:
Tax: $8,887.54
Maintenance Fee: $0
Beds: 27
Baths: 27
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years