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1051 Richmond Street

1051 Richmond Street

London East, ON

7 bed • 4 bath • approx. 1500-2000 sqft • Detached • 170 days on market

$1,050,000

Great opportunity to own this 7 bedroom, 3+1 bathroom home in desirable Old North. Walking distance to downtown, Western University and all amenties. On bus route. This Licenced rental is a great income opprtunity.

Listing Details

Taxes (2025)
$5,130
Listed
March 6, 2026

Price History

Listing history

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Property

Style
2 1/2 Storey
Age
100+
Construction
Brick, Wood
Roof
Asphalt Shingle
Foundation
Brick
Interior
None
Lot Size
26.5 x 80 Feet

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Victoria Street
Zoning
R2-2{9)
Parcel Number
082420040
Possession
1-29 days

Commercial

Occupancy
Tenant

Included

Rental Items
Furnace and water heater

Schools

Elementary

  • Old North Public School0.5 km

    Public · Thames Valley DSB · 465 students

    Grade 3 reading: 87% met the provincial standard · Grade 6 math: 86% met the provincial standard

  • St Georges Public School1 km

    Public · Thames Valley DSB · 275 students

    Grade 3 reading: 70% met the provincial standard · Grade 6 math: 81% met the provincial standard

  • St Michael Separate School1.1 km

    Catholic · London District Catholic School Board · 425 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 53% met the provincial standard

Secondary

  • London Central Secondary School2 km

    Public · Thames Valley DSB · 955 students

    Grade 10 literacy: 91% met the provincial standard

  • Catholic Central High School2.4 km

    Catholic · London District Catholic School Board · 1310 students

    Grade 10 literacy: 89% met the provincial standard

  • École secondaire catholique Monseigneur-Bruyère2.4 km

    French Catholic · Conseil scolaire catholique Providence · 245 students

    Grade 10 literacy: 93% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N6A

Population
13,810
Private dwellings
9,768
Median age
34
Average household size
1.8
Median household income
$61,200

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in London East · last 12 months

Median sold price
$461,500
Homes sold
1,311
Median days on market
24
Sale-to-list price
97.1%

Based on 1,311 recorded sales of residential freehold properties in London East over the last 12 months.

Rooms

2-piece on Main, 3-piece on Second, 3-piece on Third, 3-piece on Lower

Third

  • Bedroom 5
  • Office

Second

  • Bedroom
  • Bedroom 2
  • Bedroom 3
  • Bedroom 4

Main

  • Dining Room
  • Foyer24'3" x 20'1"
  • Kitchen
  • Living Room

Lower

  • Bedroom
  • Bedroom
  • Utility Room

Listed by

RE/MAX ADVANTAGE REALTY LTD.

Location

Mortgage Calculator

$210,000

Estimated Monthly Payment

$5,158

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,158/mo (20% down, 5.5%)

Taxes: $428/mo · Insurance: $263/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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