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430 Richmond Street, London, ON, N6A 3C9

MLS® # 40552734
Commercial For Sale In Central London, London, Ontario
$1,699,000
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
430 Richmond Street, London, ON
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ACTIVE
430 Richmond Street, London, ON, N6A 3C9
$1,699,000

Property Information:

Location! Completely renovated mixed use residential/commercial building along Richmond Street, located just South of Queens Street, steps away from new downtown bus loop. Walking distance to Covent Garden Market, Budweiser Gardens and Fanshawe Downtown Campus. Beautiful brick and beam, this building was home to the original London Free Press in 1868. Each floor is approximately 2000 SF. Basement consists of newly renovated open concept bachelor suite with 3 piece washroom. Main floor consists of 2000 SF of retail space with separate 2 piece washroom and staff/office area, currently leased to marijuana dispensary. Second floor has 2 apartments completely renovated. Bachelor 800 SF, open concept with 4 piece bathroom leased for $1600 inclusive. Spacious 1200 SF 2 bedroom with 3 piece bathroom, living, dining, kitchen leased for $2000 inclusive. The third floor consists of 2 open concept bachelor units both with 3 piece bathrooms. Common area coin laundry for extra income, wifi payment system. Many 2023 upgrades including brand new electrical and panels for each unit, new PVC flat roof membrane with new aluminum capping and and 2.0" insulation foam, heating/cooling, plumbing, new appliances throughout, security cameras and keyless entry fob/app system for easy control of tenants. Nothing left to complete with this building. Turnkey.

Inclusions: All Appliances, Security Camera System With App. Keyless Entry Fob System On Doors.

Property Features:

  • Bedrooms: 0
  • Acres Range: Not Applicable
  • Basement: Full
  • Interior Features: High Speed Internet
  • Lot Features: Airport, Business Centre, City Lot, High Traffic Area, Hospital, Public Transit, Schools, Visual Exposure
  • Lot Frontage: 19.00 Feet
  • Road Frontage Type: Municipal Road
  • Security Features: Security Gate, Carbon Monoxide Detector(s), Security System
  • Utilities: Electricity Connected, Natural Gas Connected, Street Lights, Phone Connected
  • Water Source: Municipal
  • Zoning: h-3, DA1, D350
  • Sewer: Sewer (Municipal)

Courtesy of: STREETCITY REALTY INC., BROKERAGE

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

Sales/Price History

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Location of 430 Richmond Street, London, ON, N6A 3C9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

35 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 430 Richmond Street , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 430 Richmond Street , experiences 11 significant 2-day storms per year, with about 328.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.2mm of precipitation per year.

Precipitation Per Storm

Past
328.5mm
2050
404.2mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 430 Richmond Street, London, ON, N6A 3C9

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$102,132.51

Average Number of Children

1.35

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.18 %

High school certificate or equivalent

23.54 %

Apprenticeship trade certificate/diploma

4.59 %

College/non-university certificate

23.47 %

University certificate (below bachelor)

3.03 %

University Degree

35.2 %

Commuter

Travel To Work

By Car

57.32 %

By Public Transit

17.05 %

By Walking

20.81 %

By Bicycle

1.31 %

By Other Methods

3.51 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

97.56 %

Houses

2.44 %

Own Vs. Rent