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Key Facts
Key facts for 1061 Richmond Street
Property Type
Apartment, 2-Storey
Parking
Other 10 garage, 10 parking
MLS #
X12168946
Size
5000+ sqft
Basement
Apartment,Partially Finished
Listed on
2025-05-18
Lot size
159 x 124.91
Tax
$8,887.54 /yr
Days on Market
154
Approximate Age
-
Maintenance Fee
-
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 K...ings, 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.