$895,000
London East
1051 Richmond Street North, London East (East B), Ontario, N6A3J7
This 7-bedroom, 4-bathroom home in London East is for sale offering roughly 1,750 sq ft of space. It has been on the market 19 days, fresher than the London East average of 48 days.
ATTENTION INVESTORS/ FIRST TIME HOME BUYERS/ LARGE FAMILIES/ This Old North property has a lot of flexibility for a mortgage helper, main residence or a rental investment to add to your portfolio. Located in one of Londons most desirable neighbourhoods, this is a character-filled century home has a rental licence for 7 bedrooms, with 3+1 bathrooms. 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 within walking distance to downtown, Western University, St. Joseph's Hospital, grocery, and all amenities... Directly on a bus route! Whether you're considering student housing, professional rentals or a beautiful Old North family home, this property offers plenty of opportunity. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 19 days on market, against an average age of 48 days across the listings currently for sale in this city
This 7-bed single family in London East (East B) has been listed for 19 days, which is 29 days fresher than the city average of 48. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $895,000, about 14.6× the local median household income of $61,200.
Carrying it typically needs a household income of about $174,825 (20% down, 25-yr amortization, stress-tested) — roughly 186% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6A)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.