Listed by Century 21 First Canadian Trusted Home Realty Inc..

1051 Richmond Street is a Detached, 2 1/2 Storey and is currently for Sale @ $1,249,000. Taxes in 2024 were $4,813.77.

More homes for sale under 1.2M in London East

Embrace a prime investment opportunity with this captivating 8 bedroom home boasting a lucrative 6% cap rate, strategically positioned on Richmond St within a stone's throw to Western University, offering both convenience and potential for high returns. The 2 1/2 Storey on 1051 Richmond Street has 6 bedrooms, 4 bathrooms, and is located on a 80.2 x 26.55 ft loton < .50 acres in the community of East B . A quick bus trip connects you to various amenities, placing everything at your fingertips. This versatile home currently features 8 bedrooms but has the potential for effortless conversion into separate units, maximizing its income potential. 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. Property is also located at a future rapid transit stop providing for future re-development opportunities (details available upon request).

FRIDGE, STOVE, WASHER, DRYER, DISHWASHER

The address 1051 Richmond Street was listed for sale (MLS# X12316959) on Thursday, July 31, 2025.