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Last Updated : 11 Days ago
344.5 Richmond St, London, Ontario, East K
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344.5 Richmond St, London MLS Number: X11884948

East K, London, Middlesex, ON, N6A 3C3

$925,000

Status: For Sale

  • Property Type: Commercial (Investment)
  • Property Taxes : $6141.20 (Tax Year:2023)
  • Listing Courtesy : Exp Realty

344.5 Richmond St Property Description

Welcome to 344.5 Richmond Street, an exceptional mixed-use investment opportunity offering a compelling 6.1% cap rate at the asking price. This property features two newly renovated one-bedroom residential units, currently vacant, allowing the buyer to select tenants at market rates. A recently vacated commercial unit, ideal for an owner-operator or potential partial conversion into an additional residential unit. The property has undergone significant upgrades, including a brand-new roof (2024), as well as plumbing and electrical enhancements. Each unit is equipped with separate hydro meters and baseboard electric heating, leaving the landlord responsible only for water expenses. Located in a prime downtown area, this property offers exceptional returns and endless potential. Don't miss out on this outstanding investment opportunity!

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344.5 Richmond St Property Facts

Property Type :Commercial
MLS Number :X11884948
Listing Type :Sale
Possession Date :
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Last Updated :06 Dec, 2024 (11 Days ago)
Source :TRREB
Area :Middlesex
Postal Code : N6A 3C3
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344.5 Richmond St Property Price & Tax Insights

Price : $925,000
Property Taxes :$6141.20
Tax Year :2023

344.5 Richmond St, London Property Details

Cross Street :Richmond St / King St

344.5 Richmond St, London - Price History

2024-12

06 Dec, 2024

TREB #X11884948

Available

$925000.0

  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+

344.5 Richmond St - Location Map and Landmarks

  • London Health Sciences Centre – Children's, Middlesex 3.0 km
  • London Health Sciences Centre – Victoria's, Middlesex 3.0 km
  • London Health Sciences Centre – University, Middlesex 4.05 km
Last Updated : 6 Hours ago
14 Argyle St, Middlesex, Ontario
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865 William St, Middlesex, Ontario
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762 Maitland St, Middlesex, Ontario
$1499999.0
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368 BELFIELD St, Middlesex, Ontario
$699000.0
  • 3 +2 Bd
  • 3 Ba
  • 1500-2000 sq-ft
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2489 Scotland Drive, Middlesex, ON
Price On Request
  • 6 Bd
  • 2 Ba
  • 2500 sq-ft
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35 Waterman Ave, Middlesex, Ontario
$364900.0
  • 3 Bd
  • 2 Ba
  • 1200-1399 sq-ft
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135 Belmont Dr, Middlesex, Ontario
$339900.0
  • 3 Bd
  • 2 Ba
  • 1400-1599 sq-ft
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38 McManus Pl, Middlesex, Ontario
$499900.0
  • 3 +0 Bd
  • 2 Ba
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1876 DEWAR Pl, Middlesex, Ontario
$1050000.0
  • 3 +1 Bd
  • 3 Ba
  • 2500-3000 sq-ft
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720 Hillcrest Dr, Middlesex, Ontario
$1195000.0
  • 3 Bd
  • 3 Ba
  • 2500-3000 sq-ft
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1975 FOUNTAIN GRASS Dr, Middlesex, Ontario
$729900.0
  • 2 Bd
  • 2 Ba
  • 1200-1399 sq-ft
Last Updated : 13 Hours ago
2205 Wateroak Dr, Middlesex, Ontario
$1149999.0
  • 4 +2 Bd
  • 4 Ba
  • 2500-3000 sq-ft
Last Updated : 13 Hours ago
63 Wistow St, Middlesex, Ontario
$564900.0
  • 3 +2 Bd
  • 2 Ba
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519 Riverside Dr, Middlesex, Ontario
$625000.0
  • 3 Bd
  • 3 Ba
  • 1200-1399 sq-ft
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197 Goddard Blvd W, Middlesex, Ontario
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363 Colborne St, London, Ontario
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359-371 Horton St, London, Ontario
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330 Ridout St N, London, Ontario
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300 Wellington St, London, Ontario
Last Updated :7 Days ago
105 Hamilton Rd, London, Ontario
$499000.0
  • 2 Ba
  • 2500-3000 sq-ft
Last Updated :11 Days ago
234 Maitland St, London, Ontario
$499000.0
  • 1 Ba
  • 2500-3000 sq-ft
Last Updated :11 Days ago
477 Horton St, London, Ontario
$499000.0
  • 4 Ba
  • 2500-3000 sq-ft
Last Updated :13 Days ago
330 Ridout St N, London, Ontario
Last Updated :19 Days ago
173 Adelaide St N, London, Ontario
$524000.0
  • 0 Bd
  • 2 Ba
  • 2500-3000 sq-ft
Last Updated :19 Days ago
453 Bathurst St, London, Ontario
$649900.0
  • 2 Ba
  • 2500-3000 sq-ft
Last Updated :19 Days ago
389 Dundas St W, London, Ontario
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446 York St, London, Ontario
$1400000.0
  • 2500-3000 sq-ft
Last Updated :25 Days ago
339 HORTON St E, London, Ontario
Last Updated :27 Days ago
204-206 Dundas St, London, Ontario
Price On Request
  • 2500-3000 sq-ft
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FAQs: 344.5 Richmond St, London

  • Q:What is the Area Size of the 344.5 Richmond St In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately sq. ft and is strategically located in Middlesex. The MLS No of this project is X11884948 and the Project is located in Ontario, Canada
  • Q: Does this Project 344.5 Richmond St available for Sale ?

    A: The project 344.5 Richmond St is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 344.5 Richmond St is Offering?

    A:Square Yards is giving a Cashback of $4,625 if you buy this property from us, however there are several key features offered by the 344.5 Richmond St. You get Beds with N/A Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 344.5 Richmond St, Middlesex?

    A: 344.5 Richmond St, Middlesex comes with Beds for maximum convenience and space. There are N/A baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Middlesex, On?

    A:Middlesex, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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