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1061 RICHMOND STREET, London East (East B)
2025-10-17
Quick Summary
MLS®#X12469313
Property Description
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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Hospital, Public Transit, Schools, Place of Worship
Building
- Appliances: Water Heater, Water meter
- Basement Development: Partially finished
- Basement Features: Apartment in basement
- Basement Type: N/A, N/A (Partially finished)
- Cooling Type: Central air conditioning
- Exterior Finish: Concrete, Brick
- Fireplace: No
- Interior Size: 5000 - 100000 sqft
- Building Type: Other
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Wheelchair access, Paved yard
Land
- Land Size: 159.2 x 124.9 FT ; 1057 & 1061 To gether|under 1/2 acre
- Sewer: Sanitary sewer
Zoning
- Description: Munti Residenntial
Information entered by PROPERTY MAX REALTY INC.
Listing information last updated on: 2025-10-23 04:42:37
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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