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Listed by Century 21 First Canadian Corp.
1079 Richmond Street is a Triplex, 2 1/2 Storey and is currently for Sale @ $975,000. Taxes in 2024 were $5,647.00.
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Embrace a prime investment opportunity with this captivating 3 Unit home boasting a lucrative %6. The 2 1/2 Storey on 1079 Richmond Street has 5 bedrooms, 5 bathrooms, and is located on a 125.5 x 40.1 ft lot in the community of East B .0 cap rate, strategically positioned on Richmond within a stone's throw to Western University, offering both convenience and potential for high returns. A quick bus trip connects you to various amenities, placing everything at your fingertips.This versatile home currently features 3 units but has the potential for effortless conversion into 4 units, maximizing its income potential (R4 zoning allowance plans available upon request). The main floor unit greets you with a welcoming foyer leading to a living room with French doors, a kitchen, a comfortable bedroom, and a 3-piece bath.The second-floor unit presents an inviting living/dining area, a well-equipped kitchen, 1.5 baths, 2 bedrooms, and a screened-in porch - ideal for enjoying the "outdoors". Additionally, it offers 2 more bedrooms and a convenient 3-piece bathroom on the third floor, adding an extra touch of privacy to the living space.Downstairs, the basement unit offers a functional kitchen/living room combination, a private bedroom, and a 3-piece bath all illuminated by stylish pot lights, creating a bright and inviting living space.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.
The address 1079 Richmond Street was listed for sale (MLS# X12090217) on Thursday, April 17, 2025.