Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 12 BR |
| Bathrooms: | 26 |
| Pets: | No Pets Allowed |
Financials
Price:C2,999,999
($2,157,000)
(€1,858,300)
Annual Taxes:C8,887.54
This is a prime opportunity to acquire a distinctive and solidly constructed former church at 1057 amp ; 1061 Richmond Street, offering exceptional potential for rental income in London's high ...
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.
Virtual Tour: https://www.youtube.com/watch?v=rsOXJB0-t04
Amenities
- Available
- Public Transit
- Recreation/Community Centre
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
