$3,250,000
Available - For Sale
Listing ID: X12167420
1061 Richmond Stre , London East, N6A 3J7, Middlesex
| 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. |
| Price | $3,250,000 |
| Taxes: | $8887.54 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 1061 Richmond Stre , London East, N6A 3J7, Middlesex |
| Postal Code: | N6A 3J7 |
| Province/State: | Middlesex |
| Legal Description: | LOTS 5 AND 6, PLAN 217(W) LONDON andPART |
| Directions/Cross Streets: | Richmond St/Huron St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | F |
| Total Area: | 16000.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Recreation/Comm |
| Franchise: | F |
| Sprinklers: | Yes |
| Washrooms: | 26 |
| Outside Storage: | F |
| Crane: | F |
| Clear Height Feet: | 10 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| PROPERTY MAX REALTY INC. |
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Sachi Patel
Broker
Dir:
647-702-7117
Bus:
6477027117
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At a Glance:
| Type: | Com - Investment |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East B |
| Tax: | $8,887.54 |
| Baths: | 26 |
| Fireplace: | N |
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