1061 Richmond Street, London East, ON N6A 3J7, London East, ON
Bed 12
Bath 27
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.
Property Highlights
For Sale
MLS NO.
X12168946
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
12
Bathrooms
27
Parking
10.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
X12168946
Living Area Range
5000 +
Total Bedrooms
12
Bedrooms Above Grade
9
Bedrooms Below Grade
3
Total Bathrooms
27
Total Kitchens
9
Kitchens Above Grade
9
Rooms Above Grade
40
Interior Features
Wheelchair Access, Water Heater, Water Meter
Fireplace
No
Central Vacuum Yn
No
Construction
Concrete, Brick
Roof
Metal
Lot Width
159.15
Parking Features
Private
Parking Total
10.0
Covered Spaces
10.0
Garage Type
Other
Garage
No
Pool
None
Direction Facing
East
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
1061 Richmond Street, London East, ON N6A 3J7
City
London East
Neighbourhood
East B
County / Region
Middlesex
Province / State
ON
Postal Code
N6A 3J7
Cross Street
Richmond St/Huron St
Directions
Richmond St/Huron St
Country
CA
List Price
$3,250,000
Annual Taxes
$8,888
Tax Year
2024
Legal Description
LOTS 5 AND 6, PLAN 217(W) LONDON andPART LOT 4, PLAN 217(W) DESIGNATED AS PART 2, 33R-15192; CONSENT OF COMMITTEE OF ADJUSTMENT OBTAINED IN ER216053; LONDON
Possession Type
Flexible
Possession Details
anytime
Listing Office
PROPERTY MAX REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2025-05-23T15:20:05Z
Media Updated
2025-05-23T15:20:06Z
Photos Updated
2025-05-23T15:20:06Z
Last Modified
2025-10-17T19:21:29Z
System Modified
2025-10-21T23:58:10.438041Z
MLS Status
Terminated
Architectural Style
2-Storey
Basement
Apartment, Partially Finished
Ddfyn
Yes
Expiration Date
2026-05-31
Foundation Details
Concrete, Concrete Block
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Included In
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
082420173
Parking Spaces
0
Property Features
Hospital, Public Transit, School, Place Of Worship, Rec./Commun.Centre, School Bus Route
Public Remarks
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.