1 of 47 - 1051 Richmond Street, London East (east B), Ontario
2 of 47 - 1051 Richmond Street, London East (east B), Ontario
3 of 47 - 1051 Richmond Street, London East (east B), Ontario
4 of 47 - 1051 Richmond Street, London East (east B), Ontario
5 of 47 - 1051 Richmond Street, London East (east B), Ontario
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1051 Richmond Street, London East (east B), Ontario

$1,249,000

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8

Beds

4

Baths

About 1051 Richmond Street

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:6289)

Features of 1051 Richmond Street

Listing # X12316959
Price $1,249,000
Bedrooms 8
Bathrooms 4.00
Half Baths 1
Acres 0.00
Type Single Family
Sub-Type Freehold

Community Information

Address 1051 Richmond Street
Subdivision East B
City London East (east B)
Province Ontario
Postal Code N6A3J7

Amenities

Amenities Hospital, Place of Worship, Public Transit
Parking Spaces 2
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
Heating Natural gas Forced air
Fireplace No
# of Stories 3
Has Basement Yes

Exterior

Exterior Brick, Vinyl siding
Lot Description 26.6 x 80.2 FT|under 1/2 acre
Foundation Block

Listing Details

OfficeCENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.

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Listing information last updated on October 27th, 2025 at 12:01pm PDT.