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.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Total Approx Floor Area:
5000 +
Lot Size:
<.50
Depth:
124'11"38.1 m
Frontage:
159'2"48.5 m
Direction Faces:
East
Bedrooms:
9+3
Bathrooms:
27.0
Water supply:
Municipal
Kitchens:
9
Bedrooms Above Grade:
9
Bedrooms Below Grade:
3
Kitchens Above Grade:
9
Rooms Above Grade:
40
Zoning:
Munti Residenntial
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete, Concrete Block
Roof:
Metal
Basement:
Apartment, Partially Finished
Fireplace/Stove:
No
Garage:
Other
Garage Spaces:
10.0
Parking Features:
Private
Parking Spaces:
0
Total Parking Spaces:
10.0
Family Room:
Yes
Possession Details:
anytime
Lot Irregularities:
1057 & 1061 To gether
Pool:
None
HST Applicable To Sale Price:
Included In
Development Charges Paid:
Partial
Taxes:
$8,887.54 /
2024
Assessment:
$- /
-
London East
East B
Middlesex
Hospital, Public Transit, School, Place Of Worship, Rec./Commun.Centre, School Bus Route
Data was last updated September 14, 2025 at 01:15 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,286,950
Min list price:
$399,900
Max list price:
$9,495,000
Avg days on market:
46
Min days on market:
2
Max days on market:
180
These statistics are generated based on the current listing's property type
and located in
London East. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.