London East (east B), ON N6A3J7,1051 RICHMOND STREET
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London East (east B), ON N6A3J7,1051 RICHMOND STREET
London East (east B), ON N6A3J7,1051 RICHMOND STREET
London East (east B), ON N6A3J7,1051 RICHMOND STREET
London East (east B), ON N6A3J7,1051 RICHMOND STREET
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$ 1,249,000
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1051 RICHMOND STREET London East (east B), ON N6A3J7

8 Beds

4 Baths

1,500 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $832

Subdivision East B

MLS® Listing ID X12316959

Bedrooms 8

Half Baths 1

Property Sub-Type Freehold

Source London and St. Thomas Association of REALTORS®

Property 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). (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Second level 3.79 m X 3.55 m Primary Bedroom

Extra Room 2 Second level 3.47 m X 2.59 m Bedroom 2

Extra Room 3 Second level 3.74 m X 2.59 m Bedroom 3

Extra Room 4 Second level 3.04 m X 2.71 m Bedroom 4

Extra Room 5 Third level 4.2 m X 2.26 m Bedroom 5

Extra Room 6 Third level 3.63 m X 3.28 m Bedroom

Interior

Heating Forced air

Exterior

Parking Features No

Community Features School Bus

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

Others

Ownership Freehold


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Listed by CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.
agent

CHRIS HOLM

PERSONAL REAL ESTATE CORPORATION | License ID: 10430

+1(250) 309-0039

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1051 RICHMOND STREET