1051 Richmond Street London East (East B), ON
PROPERTY INFO
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:4555)
PROPERTY SPECS
Listing ID X12316959
Address 1051 RICHMOND STREET
City London East (East B), ON
Price $1,249,000
Bed / Bath 8 / 3 Full, 1 Half
Construction Brick, Vinyl siding
Land Size 26.6 x 80.2 FT
Type House
Status For sale
EXTENDED FEATURES
Appliances Dishwasher, Dryer, Refrigerator, Stove, WasherBasement N/ABasement Development FinishedParking 2Amenities Nearby Hospital, Place of Worship, Public TransitCommunity Features School BusEquipment Water HeaterOwnership FreeholdRental Equipment Water HeaterFire Protection Smoke DetectorsFoundation BlockHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2025-07-31 16:00:51Days on Market 28Parking 2
REQUEST MORE INFORMATION
LISTING OFFICE:
Century First Canadian Trusted Home Realty Inc., Emily Tibbet
