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Renanza Realty
For sale

846 RICHMOND STREET

London East (East B), Ontario

MLS® X13747478

$1,040,000

Status
Active
Property type
Multi-family
MLS® number
X13747478
Bedrooms
Bathrooms
Year built

Listing description

846 RICHMOND STREET - OWN THE OPPORTUNITY Rare Richmond Street Owner-Operator & Value-Add Investment Opportunity Approximately 3,600 sq. ft. | 11' ceilings | Victorian character | Commercial/Residential zoning Positioned in a highly strategic location minutes from St.

Joseph's Hospital, Lawson Research Institute and Downtown London, 846 Richmond Street offers a rare combination of location, character, space and potential. This distinctive Victorian property is an exceptional opportunity for an owner-operator, professional, medical-related user or investor looking to acquire a property with the potential to create value through thoughtful renovation and repositioning. The 11-foot ceilings and architectural character provide an impressive foundation for a contemporary professional environment while retaining the charm that makes historic Richmond Street properties so distinctive.

For the Owner-Operator Own your workspace rather than lease it. Explore the potential for a professional office, medical or allied-health practice, consulting firm, legal/accounting office, research-related business or other permitted use. For the Investor Buy the building.

Create the upside. The location presents an opportunity to investigate a variety of value-add strategies, including professional leasing, renovation and repositioning, and potentially residential or furnished accommodation strategies-subject to zoning, parking, building requirements and municipal approvals. The proximity to St.

Joseph's Hospital and Lawson Research Institute may make the property particularly interesting for investors exploring potential demand from locum physicians, visiting physicians, medical residents, researchers and other healthcare professionals. With the right vision, 846 Richmond Street could become more than a property-it could become a highly differentiated income-producing asset or a distinctive owner-operated headquarters. Own the Location.

Reimagine the space. Create the Value

Property summary

MLS® number
X13747478
Property type
Multi-family
Building type
Multi-Family
Square footage
2,200 sq ft
Land size
Bldg=50 x 107 FT
Annual property taxes
$10,025.00
Parking
3 spaces
Days on market
13 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $1,040,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,839 /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 CENTRE CITY REALTY INC., 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.