1061 Richmond St
East B, London East
$3,250,000
Buy with Dwelly and Save $32,500
Home Details
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Listing 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 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.
All Material in the subject property
City: London East
Neighborhood: East B
Property History
Rooms
Room dimensions for 1061 Richmond St, London East
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 1061 Richmond St is 16763
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $3250000 |
| Down Payment | $650000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $2600000 |
Monthly Payment
| Mortgage Payment | $16022 |
| Property Taxes | $741 |
| Maintenance Fees | $0 |
| Monthly Payment | $16763 |
About 1061 Richmond St, London East
Located at 1061 Richmond St , this London East house is available for sale. This property was listed for $3,250,000 on Fri May 23 2025. This house's size is 5000 + Sqft. It has 9 bedrooms and 27 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 10 parking spots. 1061 Richmond St, London East is situated in the East B neighbourhood.
MLS#: X12168946 · $3,250,000 · 9 bedroom house in East B, London East