Size
-
Lot size
19879 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$50 - $650
Taxes
$8,887.54 (2024)
Parking Type
-
Style
2-Storey
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Description
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.
Broker: PROPERTY MAX REALTY INC.
MLS®#: X12168946
Property details
Parking:
10
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
5000-65535 sqft
Lot front:
159 Ft
Lot depth:
124 Ft
Listed on:
May 23, 2025
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Instant estimate:
orto view instant estimate
$424,357
lower than listed pricei
High
$3,007,179
Mid
$2,825,643
Low
$2,748,775
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