ON > Middlesex > East A
Middlesex, ON N6A 3J7,1061 Richmond ST
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Middlesex, ON N6A 3J7,1061 Richmond ST
Middlesex, ON N6A 3J7,1061 Richmond ST
Middlesex, ON N6A 3J7,1061 Richmond ST
Middlesex, ON N6A 3J7,1061 Richmond ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 2,999,999
Est. payment /mo
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Active

1061 Richmond ST Middlesex, ON N6A 3J7

12 Beds

26 Baths

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision East A

MLS Listing ID X12469394

Bedrooms 12

Annual Tax Amount $8,887

Tax Year 2024

Property Sub-Type Investment

Lot Depth 124.91

Lot Front 159.15

Property Description

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.

Location

Province ON

County Middlesex

Community East A

Area Middlesex

Rooms

Kitchen 12

Interior

Cooling Yes

Exterior

Community Features Public Transit, Recreation/Community Centre

Utilities Available Available

Lot Frontage 159.15

Lot Depth 124.91

Others

Security Features Yes

ParcelsYN No

Virtual Tour https://www.youtube.com/watch?v=rsOXJB0-t04

Listed by PROPERTY MAX REALTY INC.
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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1061 Richmond ST

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