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Renanza Realty
For sale

1051 RICHMOND STREET N

London East (East B), Ontario

MLS® X13725258

$950,000

Status
Active
Property type
House
MLS® number
X13725258
Bedrooms
7
Bathrooms
4
Year built

Listing description

ATTENTION INVESTORS/ FIRST TIME HOME BUYERS/ LARGE FAMILIES/ This Old North property has a lot of flexibility for a mortgage helper, main residence or room rental housing investment to add to your portfolio. Offering 7 bedrooms plus a potential 8th bedroom, 3+1 bathrooms and licensed rental status for 7 bedrooms, this character-filled century home could make a great investment property or can be a spacious family home in one of London's most desirable neighbourhoods. Walking in, you're welcomed by an oversized mudroom with plenty of room for coats, shoes and storage.

From there, the home opens into a massive living room featuring original hardwood floors that carry through into the oversized dining room, creating a warm and inviting space for entertaining or everyday living. The kitchen sits at the rear of the home with original cabinetry and direct access to the fully fenced backyard. A convenient 2-piece bathroom completes the main level.

Upstairs, the second floor features four generously sized bedrooms, all with hardwood flooring and ceiling fans, along with a 4-piece bathroom. Continue to the third level where you'll find two additional bedrooms, another 4-piece bathroom and a potential 8th bedroom with a slightly lower ceiling height and a walk-in closet. This level also includes a dedicated fire exit leading to the backyard .

The lowest level has 2 bedrooms, a 3-piece bathroom and laundry/utility. Outside, enjoy a fully fenced yard with green space, a fire pit and a small porch area. Located right on Richmond Street, you're within walking distance to downtown, close to Western University, St.

Joseph's Hospital, grocery, bars and amenities, with bus routes directly in front of the home connecting you throughout the city. Whether you're considering student housing, professional rentals or a beautiful Old North family home, this property offers plenty of opportunity. Contact for financials and additional property information.

Property summary

MLS® number
X13725258
Property type
Single Family
Building type
House
Title
Freehold
Land size
26.5 x 80 FT
Annual property taxes
$5,130.00
Parking
2 spaces · No Garage
Days on market
15 days

Features & details

Heating
Forced air, Natural gas
Cooling
None
Basement
Partially finished, N/A
Appliances
Washer, Refrigerator, Stove, Dryer
Exterior features
Brick, Aluminum siding

What would this home cost you?

Based on the $950,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,420 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX ADVANTAGE REALTY LTD., LONDON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.