207 days on market
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$3,450,888
For Sale

1061 Richmond St

East B, London

9+3 Bed|27+3 Bath|Yes|207 days on market

$3,450,888

Buy with Dwelly and Save $34,509

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Home Details

Taxes
$741 / month
Total Parking Spots
10
Driveway
Private
Garage Spaces
10
Furnished
No
Lot Size
159.15 x 124.91 Feet
Move-in Date
30/60/90 days
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Apartment, Part Fin
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
Main
Exterior
Concrete, Brick
Zoning
Munti Residenntial
Sewer
Sewers
Property Type
Multiplex
Style
2-Storey
Status
New
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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 existing materials and other items on the property will be provided at a reasonable price.

Property History

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Listing DateDOMList PriceSold PriceEventMLS ID
Sep 9, 2024N/A$3,499,000N/ASoldX9343304
Sep 9, 2024147$3,499,000N/ATerminatedX9343092
Jul 3, 2024N/A$3,499,000N/ASoldX9007884
Jul 2, 20240$34,999,000N/ATerminatedX9007860
Jul 2, 202470$3,499,000N/ATerminatedX9007947
Mar 14, 2024N/A$3,788,888N/ASoldX8147320
Mar 14, 2024110$3,788,888N/ATerminatedX8140392
Jan 7, 2024N/A$599,900N/ASoldX7546179
Dec 21, 2023N/A$49,000N/ASoldX7524824
Oct 19, 2023N/A$1,399,000N/ASoldX7889407

Rooms

Room dimensions for 1061 Richmond St, London
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Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 1061 Richmond St is 17753

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Down Payment

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Total Mortgage


Purchase Price$3450888
Down Payment$690178
Mortgage Insurance$0
Total Mortgage$2760710

Monthly Payment


Mortgage Payment$17012
Property Taxes$741
Maintenance Fees$0
Monthly Payment$17753
$17753
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About 1061 Richmond St, London

Located at 1061 Richmond St , this London house is available for sale. This property was listed for $3,450,888 on Wed Apr 16 2025. This house's size is 159.15 x 124.91 Feet. It has 9 bedrooms and 27 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 10 parking spots. 1061 Richmond St, London is situated in the East B neighbourhood.


MLS#: X11953149 · $3,450,888 · 9 bedroom house in East B, London