1051 Richmond Street North, London East (East B), Ontario N6A3J7

Listing courtesy of RE/MAX ADVANTAGE REALTY LTD..

$950,000
7
BD
4
BA

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List Price
$950,000
Status
ACTIVE
Days on Market
7
MLS® #
LondonandStThomasAssociationofREALTORS-X13725258
Bedrooms
7
Bathrooms
4
Subdivision
East B
Neighborhood
East B
MLS Area Major
East B

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. (id:5764)

Additional Information

Exterior Features
Brick, Aluminum siding
Taxes
$5,130
Community Features
East B
Appliances
Washer, Refrigerator, Stove, Dryer
Heating
Forced air, Natural gas
Air Conditioning
None
Stories
2.5
Foundation
Concrete
Parking Features
No Garage

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks