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.
Address
1051 Richmond Street N
List Price
$950,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
London East
Sub-Area
East B
Region
Middlesex
Bedrooms
5 + 2
Bedrooms (Total)
7
Rooms Above Grade
9
Rooms Below Grade
3
Bathrooms
4
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
80
Lot Shape
Rectangular
Lot Size Units
Feet
Lot Width
26.5
Parcel Number
082420040
Parcel of Tied Land
No
Occupant Type
Tenant
Cross Street
victoria street
MLS® Number
X13725258
Listing Brokerage
RE/MAX ADVANTAGE REALTY LTD.
Basement Area
Partially Finished
Postal Code
N6A 3J7
Posession Details
30 days
Parking Places (Total)
2
Parking Spaces
2
Tax Amount
$5,130.00
Tax Year
2025
Site Influences
Fenced Yard, Hospital, Public Transit
Interior Features
Other
Property Features
Fenced Yard, Hospital, Public Transit
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
London and St. Thomas Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick, Aluminum Siding
UFFI
No
Direction Faces
West
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Covered Spaces
2
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PART LOT 1 AND 2, PLAN 217(W) AS IN 657479; SUBJECT TO AND TOGETHER WITH 657479 LONDON
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Foyer | 2.26 x 2.11 Meters | |
| Main | Living Room | 6.1 x 3.35 Meters | |
| Main | Kitchen | 3.44 x 2.65 Meters | |
| Main | Dining Room | 5.06 x 2.24 Meters | |
| Second | Bedroom | 3.25 x 2.59 Meters | |
| Second | Bedroom 2 | 3.75 x 2.82 Meters | |
| Second | Bedroom 3 | 3.28 x 3.05 Meters | |
| Second | Bedroom 4 | 5.49 x 2.47 Meters | |
| Third | Bedroom 5 | 3.75 x 3.02 Meters | |
| Third | Office | 3.2 x 2.29 Meters | |
| Lower | Bedroom | 6.01 x 3.26 Meters | |
| Lower | Bedroom | 3.28 x 3.17 Meters | |
| Lower | Utility Room | 4.42 x 2.56 Meters |