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$2,999,999
Ontario,London East (East A)
For Sale Active
1061 RICHMOND STREET, London East (East A), Ontario N6A3J7
  • 12
  • 26
  • 16,000 Sqft
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Basic Details
Description

This is a prime opportunity to acquire a distinctive and solidly-constructed former church at 1057 & 1061 Richmond Street, offering exceptional potential for rental income in London’s high-demand academic core. The property is currently configured into nine large units, each containing three rooms and three washrooms, for a total of 27 rooms and 27 washrooms, with approved potential to reconfigure

into 12 units. Ideally situated just an eight-minute walk from the University of Western Ontario and within walking distance of several affiliated colleges and the University Hospital, it guarantees a strong tenant market. Value-add renovations are already well underway on the first and second floors and the basement. Coupled with ample parking and a flexible NF zoning, this property is a must-see investment. Taxes will be reassessed upon completion of work. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12469394
  • Price: $2,999,999
  • Bedrooms: 12
  • Bathrooms: 26
  • Square Footage: 16,000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 61778
Features & Appliances
Features
  • Heating System: Other, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, London East (East A), N6A3J7
  • Street: Richmond
  • Street Number: 1061
  • Street Suffix: Street
  • Longitude: W82° 44' 30.4''
  • Latitude: N43° 0' 16.2''
Additional Information
  • Water Source:
  • Business Type: Residential
  • Lot Size Dimensions: Bldg=159.15 x 124.91 FT ; 1057 & 1061 To gether
Financial
  • Tax Annual Amount: 8887.54
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Listing updated: 2025-10-20 16:45:31
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Listing Information
  • List Agent Key: 1419672
  • List Office Key: 61778
  • Modification Timestamp: 2025-10-17T22:45:43Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-10-17T22:35:54Z
Powered by REALTOR.ca
Listing updated: 2025-10-20 16:45:31

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