$ 1.855.855
ON London
224 226 & 230 Richmond St London, London, ON N6B2H6 Photo 1
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224 226 & 230 Richmond St London, London

  • Bedrooms: 14
  • Bathrooms: 7
  • Type: Residential
  • Added: 408 days ago
  • Updated: NaN days ago
  • Last Checked: NaN days ago
  • Type: Residential
  • Listed by: Point2
MULTI-PROPERTY MULTI-UNIT INVESTOR'S PACKAGE - 7 UNITS/DOORS & PARCEL OF LAND w/ 9-15+ ADDITIONAL UNIT DEV. POTENTIAL: This listing includes a three unit building and two legal duplex units, a single car garage along with a parcel of tied land (three seperate addresses; 224, 226 & 230 Richmond Street). At the mouth of downtown London on the historic Richmond Street just north of the Thames River and northeast of iconic Wortley Village. These properties are currently fully tenanted. Present Net Operating Income (NOI) before lending costs of the seven combinded rented units is over $67,000 and at current market rents (conservative values) could be over $100,000 Net Operating Income (NOI). 230 Richmond Street is a three unit building with three bedroom units on the main and upper levels and a two bedroom unit on the lower level. Property being sold "as is/where is"(R3-1 zoning). Planner has suggested that a 9-15 Unit building can be constructed on vacant lot (w/ 224 Richmond property).\rListing Courtesy By: EXP REALTY
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Nearby Listings Stat

Active listings
2
Min Price
$1,855,855
Max Price
$1,855,855
Avg Price
$1,855,855
Days on Market
306 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
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Nearby Places

Name
Type
Address
Distance
London Public Library
Library
251 Dundas St
0.1 km
The Raja Fine Indian Cuisine
Restaurant
428 Clarence St
0.2 km
The Canadian Medical Hall of Fame
Museum
267 Dundas St
0.2 km
London railway station (Ontario)
The station is a large, modern, wheelchair accessi...
0.2 km
London, Ontario
London is at the confluence of the non-navigable T...
0.2 km
Canadian Medical Hall of Fame
It has a museum in London, Ontario, and has an ann...
0.2 km
City Centre Towers
The South tower is 96 m tall, and is the second ta...
0.3 km
One London Place
At 113.4 m tall, it is the tallest building in Sou...
0.3 km
CHJX-FM
CHJX-FM broadcasts a number of evangelistic teachi...
0.3 km
David's Bistro
Restaurant
432 Richmond St
0.3 km
The Works
Restaurant
145 King St
0.3 km
CHRW-FM
The station broadcasts from Room 250 of the Univer...
0.3 km
Additional Information about 224 226 & 230 Richmond St London

This House at 224 226 & 230 Richmond St London London, ON with MLS Number null listed by Satbir Grover - Real Broker Ontario Ltd. on London market 408 days ago at $1,855,855

We have found 6 Houses that closely match the specifications of the property located at 224 226 & 230 Richmond St London with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,149,000 and 2,190,000.

The current price of the property is $1,855,855, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 19% down payment, the total amount borrowed would be $1,503,243. This would result in a monthly mortgage payment of $8,678 over a 25-year amortization period.

More Details?
  • Satbir Grover
  • Real Broker Ontario Ltd.
  • Cell: 437-344-7730
  • WebSite

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