1051 Richmond Street, London East (East B), ON N6A3J7
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Listing Type
Single Family
Listing Status
active
47
$1,249,000
Home Details for 1051 Richmond Street
Price
$1,249,000
Type
Residential
Bedrooms
8
Bathrooms
4.0
Square feet
NaN
Parking
Days on site
46
Listing #
X12316959
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:31684)
Property Features
Heating Information
Forced Air
Natural Gas
Listing Courtesy: CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.