1051 Richmond Street N, London, ON N6A 3J7

$950,000
7
BD
4
BA
1,500
SqFt

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List Price
$950,000
MLS#
X13725258
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
2 1/2 Storey
Bedrooms
7
Bathrooms
4
Living Area
1500-2000
Province
ON
Municipality
London
Area
Middlesex
Neighborhood
East
Subdivision
Victoria Street

Property 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.

Additional Information

Taxes
$5,130
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Kitchens
1
Exterior
Brick, Aluminum Siding
Garage Spaces
2
Garage Type
None
Pool
None
Parking Spaces
2

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX ADVANTAGE REALTY LTD..