1061 Richmond Street London East (East A), Ontario N6A 3J7
$2,999,999
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:41954)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X12469394 |
| Property Type | Multi-family |
| Community Name | East A |
| Amenities Near By | Public Transit, Recreation |
| Parking Space Total | 11 |
Building
| Bathroom Total | 26 |
| Bedrooms Total | 12 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 16000 Sqft |
| Size Interior | 16000 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Depth | 124 Ft ,10 In |
| Size Frontage | 159 Ft ,1 In |
| Size Irregular | Bldg=159.15 X 124.91 Ft ; 1057 & 1061 To Gether |
| Size Total Text | Bldg=159.15 X 124.91 Ft ; 1057 & 1061 To Gether |
| Zoning Description | Munti Residenntial |
https://www.realtor.ca/real-estate/29004959/1061-richmond-street-london-east-east-a-east-a
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 17 2025 10:35:54
Toronto Real Estate Board
Property Max Realty Inc.