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1051 RICHMOND STREET
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1051 RICHMOND STREET $1,249,000
2 days ago
$1,249,000
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1051 RICHMOND STREET
London East (East B), Ontario N6A3J7

MLS® Number: X12316959
6 + 2
Bedrooms
4
Bathrooms
1500 - 2000
Square Feet

Listing Description

Embrace a prime investment opportunity with this captivating 8 bedroom home boasting a lucrative 6% cap rate, strategically positioned on Richmond St within a stone's throw to Western University, offering both convenience and potential for high returns. A quick bus trip connects you to various amenities, placing everything at your fingertips. This versatile home currently features 8 bedrooms but has the potential for effortless conversion into separate units, maximizing its income potential. Seize the opportunity to capitalize on this exceptional property, perfectly positioned near all amenities. Don't miss your chance to own this gem and unlock the full potential of this investment in a highly sought-after location. Property is also located at a future rapid transit stop providing for future re-development opportunities (details available upon request). (40990783)

Location Description

Richmond & Victoria

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2.5
Square Footage
1500 - 2000 sqft
Community Name
East B
Title
Freehold
Land Size
26.6 x 80.2 FT|under 1/2 acre
Age Of Building
51 to 99 years
Annual Property Taxes
$4,813.77
Parking Type
No Garage
Time on REALTOR.ca
2 days

Building

Bedrooms
Above Grade
6
Below Grade
2
Bathrooms
Total
4
Partial
1
Interior Features
Appliances Included
Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Type
N/A (Finished)
Building Features
Foundation Type
Block
Style
Detached
Fire Protection
Smoke Detectors
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Hospital, Place of Worship, Public Transit
Parking
Parking Type
No Garage
Total Parking Spaces
2

Measurements

Square Footage
1500 - 2000 sqft

Rooms

MetricImperial
Main level
Living room
Dining room
Kitchen
Foyer
Second level
Primary Bedroom
Bedroom 2
Bedroom 3
Bedroom 4
Third level
Bedroom 5
Bedroom
Basement
Bedroom
Bedroom
Laundry room

Land

Lot Features
Frontage
26 ft ,7 in
Land Depth
80 ft ,2 in
Other Property Information
Zoning Description
R2-2(9)
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3
416-726-3880
Email
Book showing
CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.
Brokerage
519-673-3390
519-673-3390
Email
Book showing
CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.
Brokerage
519-673-3390
519-673-3390
Email
Book showing
CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.
Brokerage
420 YORK STREET
LONDON, Ontario N6B1R1
519-673-3390

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