$3,250,000
20.29 BTC
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Map
1061 Richmond Street, London
$3,250,000
PRICE
9 + 3
BEDROOMS
27
BATHROOMS
X12168946
MLSID

1061 Richmond Street, London

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.
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Summary

Address
1061 Richmond Street
City
Community
MLSID
X12168946
Property Type
Multiplex
Property Category
Bedrooms
9 + 3
Bathrooms
27
Kitchens
9
Zoning
Munti Residenntial
Taxes (Annual)
$8,887.54
Tax Year
2024
Published
May 23, 2025
Days on Market
114 Days
Possession Type
Flexible
Possession Details
Anytime
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Inclusions

All Material in the subject property

Exclusions

None

Details

Property Features
Hospital, Public Transit, School, Place Of Worship, Rec./Commun.Centre, School Bus Route
Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Second Level
Basement
Apartment, Partially Finished
Exterior Features
Paved Yard
Interior Features
Wheelchair Access, Water Heater, Water Meter
Parking Total
10
Parking Features
Private
Architectural Style
2-Storey
Roof
Metal
Construction Materials
Concrete, Brick
Lot Width
159 Feet
Lot Depth
125 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with PROPERTY MAX REALTY INC.
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