$975,000
Available - For Sale
Listing ID: X12090217
1079 Richmond Stre , London East, N6A 3K1, Middlesex
| Embrace a prime investment opportunity with this captivating 3 Unit home boasting a lucrative %6.0 cap rate, strategically positioned on Richmond 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 3 units but has the potential for effortless conversion into 4 units, maximizing its income potential (R4 zoning allowance plans available upon request). The main floor unit greets you with a welcoming foyer leading to a living room with French doors, a kitchen, a comfortable bedroom, and a 3-piece bath.The second-floor unit presents an inviting living/dining area, a well-equipped kitchen, 1.5 baths, 2 bedrooms, and a screened-in porch - ideal for enjoying the "outdoors". Additionally, it offers 2 more bedrooms and a convenient 3-piece bathroom on the third floor, adding an extra touch of privacy to the living space.Downstairs, the basement unit offers a functional kitchen/living room combination, a private bedroom, and a 3-piece bath all illuminated by stylish pot lights, creating a bright and inviting living space.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. |
| Price | $975,000 |
| Taxes: | $5647.00 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 1079 Richmond Stre , London East, N6A 3K1, Middlesex |
| Directions/Cross Streets: | From downtown Lodon, head north on Richmond. Property will be on your left. |
| Rooms: | 12 |
| Rooms +: | 3 |
| Bedrooms: | 5 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Partially Fi, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Foyer | 8.66 | 17.29 | |
| Room 2 | Main | Living Ro | 12.6 | 13.28 | |
| Room 3 | Main | Kitchen | 11.05 | 9.22 | |
| Room 4 | Main | Bedroom | 12.6 | 14.96 | |
| Room 5 | Main | Foyer | 7.28 | 12.27 | |
| Room 6 | Second | Living Ro | 9.22 | 9.68 | |
| Room 7 | Second | Dining Ro | 9.22 | 6.2 | |
| Room 8 | Second | Kitchen | 9.28 | 10.17 | |
| Room 9 | Second | Bedroom | 12.66 | 10.59 | |
| Room 10 | Second | Bedroom | 13.15 | 10.59 | |
| Room 11 | Third | Primary B | 15.22 | 17.25 | |
| Room 12 | Third | Bedroom | 15.25 | 11.02 | |
| Room 13 | Basement | Kitchen | 12.82 | 15.88 | |
| Room 14 | Basement | Bedroom | 10.23 | 12.23 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 2 | Second |
| Washroom Type 4 | 3 | Third |
| Washroom Type 5 | 3 | Basement |
| Total Area: | 0.00 |
| Property Type: | Triplex |
| Style: | 2 1/2 Storey |
| Exterior: | Brick, Wood |
| Garage Type: | None |
| (Parking/)Drive: | Other |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Other |
| Park #2 | |
| Parking Type: | Other |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Public Trans, Place Of Worship |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 FIRST CANADIAN CORP |
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Dir:
416-901-9881
Bus:
416-901-8881
Fax:
416-901-9881
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East B |
| Style: | 2 1/2 Storey |
| Tax: | $5,647 |
| Beds: | 5+1 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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