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Mario Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

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$3,450,888
Available - For Sale
Listing ID: X11952956
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.
Price $3,450,888
Taxes: $8,887.54
Tax Type: Annual
Occupancy by: Vacant
Address: 1061 Richmond St , London, N6A 3J7, Ontario
Postal Code: N6A 3J7
Province/State: Ontario
Legal Description: LOTS 5 AND 6, PLAN 217(W) LONDON andPART
Lot Size: 159.15 x 124.91 (Feet)
Directions/Cross Streets: Richmond St/Huron St
Zoning: Munti Residennti
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: N
Total Area: 16,000
Total Area Code:  Sq Ft
Area Influences: Public Transit   Rec Centre
Franchise: N
Sprinklers: Y
Outside Storage: N
Crane: N
Clear Height Feet: 10
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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CMHC/GE $ $ $ $
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PROPERTY MAX REALTY INC.

1061 Richmond St , London, N6A 3J7, Ontario

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Mario Tompson
Sales Representative
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Type: Com - Investment
Area: Middlesex
Municipality: London
Neighbourhood: East B
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Lot Size: 159.15 x 124.91(Feet)
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Tax: $8,887.54
Maintenance Fee: $0
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Baths: 26
Garage: 0
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Office: 416-548-7854       Mobile: 416-548-7854      Fax: 416-981-7184         Toll Free: 1-866-382-2968
Friday, February 7th, 2025
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