Re/max Premier Inc., Brokerage
9100 Jane St
Concord, ON
L4K 0A4
London, East B, N6A 3L3
$1,799,900
Listed by RE/MAX CENTRE CITY REALTY INC..
Welcome to 1185 Richmond St.! This stunning Georgian-style home blends modern updates with timeless charm. Upon entering the oversized front foyer, you're greeted by a powder room, a spacious walk-in mudroom & a beautiful wood staircase. With 6 large bedrooms & 8.5 bathrooms, its currently configured as 7 rental units: comprising of 4 studio apartments & 3 two-bedroom units. It can be converted back into a single-family residence with ample space, bright rooms, exquisite architecture & an in-law suite. The main floor boasts an oversized eat-in kitchen with built-in appliances, including a wine fridge, island, gas stove, built-in oven, dishwasher, fridge & microwave. A sunken family room with a fireplace provides direct access to the backyard. The large former dinning room, now part of a studio apartment, features a fireplace. The former breakfast room off of the kitchen, currently used as a bedroom, opens to a covered patio. Theres also a stunning office (currently used as a bedroom) with wood-paneled walls & a fireplace, plus another large room (currently part of a studio apartment) that could be a den, library or additional office. The second floor has 4 bedrooms, while the third floor includes two more. The partially finished basement offers a large recreation room with a fireplace, plus a large laundry room & two oversized storage/utility rooms. This property features a large detached double-car garage with covered walkway to the house. The expansive lot is perfect for children, pets & gardening enthusiasts. Additional features include a shed & a hot tub (sold as-is). Beautiful front gardens & a circular driveway provide parking for up to 8 vehicles. Close to Masonville Mall, Western University, St. Joseph's & University Hospitals, schools, churches & parks, this home offers both convenience, luxury & income. (Note: Pictures are from before tenants moved in & measurements are from original floor plans)
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.