1051 Richmond St
East B, London East, Ontario N6A 3J7
- Bedrooms
- 5+2
- Bathrooms
- 4
- Size
- 1,500–2,000sq ft
- Per sq ft
- $511at the range’s middle
- Lot
- 26.5 x 80 ft
- Tax a year
- $5,1302025 tax year
- Parking
- 44 none
- Days on market
- Members
The brief
About 1051 Richmond St
1051 Richmond St is a 5+2-bedroom, 4-bathroom detached house in East B, London East, listed for sale at an asking price of $895,000 (MLS® X14091110).
ATTENTION INVESTORS/ FIRST TIME HOME BUYERS/ LARGE FAMILIES/ This Old North property has a lot of flexibility for a mortgage helper, main residence or a rental investment to add to your portfolio. Located in one of Londons most desirable neighbourhoods, this is a character-filled century home has a rental licence for 7 bedrooms, with 3+1 bathrooms. Walking in, you're welcomed by an oversized mudroom with plenty of room for coats, shoes and storage. From there, the home opens into a massive living room featuring original hardwood floors that carry through into the oversized dining room, creating a warm and inviting space for entertaining or everyday living.The kitchen sits at the rear of the home with original cabinetry and direct access to the fully fenced backyard. A convenient 2-piece bathroom completes the main level.Upstairs, the second floor features four generously sized bedrooms, all with hardwood flooring and ceiling fans, along with a 4-piece bathroom. Continue to the third level where you'll find two additional bedrooms, another 4-piece bathroom and a potential 8th bedroom with a slightly lower ceiling height and a walk-in closet. This level also includes a dedicated fire exit leading to the backyard . The lowest level has 2 bedrooms, a 3-piece bathroom and laundry/utility. Outside, enjoy a fully fenced yard with green space, a fire pit and a small porch area. Located within walking distance to downtown, Western University, St. Joseph's Hospital, grocery, and all amenities... Directly on a bus route! Whether you're considering student housing, professional rentals or a beautiful Old North family home, this property offers plenty of opportunity.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $5,130 / 2025
- MLS® number
- X14091110
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 26.5 x 80 ft
- Listed on
- Parking
- 4 None, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2 1/2 Storey
- Community
- East B
- Municipality
- London East
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 5+2
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc, 1 × 3pc Lower, 1 × 4pc 2nd, 1 × 4pc 3rd
- Basement Type
- Partly Finished
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- None
- Garage
- 4
- Additional Parking
- 0
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 26.5 ft
- Depth
- 80 ft
- Lot Size
- 26.5 x 80 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 2.11 × 2.26 m | — | Main |
| Living | 23.35 × 6.1 m | — | Main |
| Dining | 2.21 × 5.06 m | — | Main |
| Kitchen | 2.65 × 3.44 m | — | Main |
| Br | 2.59 × 3.25 m | — | 2nd |
| 2nd Br | 2.82 × 3.75 m | — | 2nd |
| 3rd Br | 3.05 × 3.28 m | — | 2nd |
| 4th Br | 2.82 × 3.25 m | — | 2nd |
| 5th Br | 3.02 × 3.75 m | — | 3rd |
| Office | 2.29 × 3.2 m | — | 3rd |
| Br | 3.26 × 6.01 m | — | Lower |
| Br | 3.17 × 3.28 m | — | Lower |
| Utility | 2.56 × 4.42 m | — | Lower |
Listing history
Buy/sell history for 1051 Richmond St, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $895,000 | N/A | For Sale | X14091110 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $179,000
- Total mortgage amount
- $716,000
- Total interest payment
- $509,200
- Total purchase cost
- $1,404,200
- Mortgage payment
- $4,084/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$4,512- Rent $0
- Shortfall $4,512
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $14,375
- Total land transfer tax
- $14,375
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $10,375
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $895,000
- $9,900
- Ontario total
- $14,375
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,120 sq ft197 m²
- Street frontage
- 26.5 ft8.1 m
- Depth
- 80 ft24.4 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 m5 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 10.7 m.250 m
- Groundwater recorded about 2.3 m below ground nearbyThe middle water level in the well records within 500 m (13 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 8.2 km8.2 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Corporation of the City of London — Adelaide Pollution Control Plant, 1.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, TekSavvy, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in East B right now
- For sale now
- 39
- Median asking price
- $750K
- New in 7 days
- 2
- Price cuts
- 28%
Middle half: $599K to $872K
14 in 28 days
11 listings
This home is asking 19% above the median, higher than three quarters of them.
See all homes in East BAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Old North Public SchoolThames Valley DSB | Public · grades JK–8 | 500 m | 88%Grade 6 average |
| St Georges Public SchoolThames Valley DSB | Public · grades JK–8 | 1 km | 86%Grade 6 average |
| St Michael Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.1 km | 82%Grade 6 average |
| Académie de la TamiseConseil scolaire Viamonde | French-language public · grades JK–6 | 4.5 km | 92%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| London Central Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 2 km | 81%Grade 9 math |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 2.4 km | 57%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 2.4 km | 57%Grade 9 math |
| H B Beal Secondary SchoolThames Valley DSB | Public · grades 9–12 | 2.6 km | 56%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in East B are shown to signed-in members.