Salehian.com 647-325-5000

846 N Richmond Street

East B, London East, N6A 3H8

$1,040,000

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Listed 46 days ago · MLS® X13747478

About this home

846 RICHMOND STREET - OWN THE OPPORTUNITY Rare Richmond Street Owner-Operator & Value-Add Investment Opportunity Approximately 3,600 sq. ft. | 11' ceilings | Victorian character | Commercial/Residential zoning Positioned in a highly strategic location minutes from St. Joseph's Hospital, Lawson Research Institute and Downtown London, 846 Richmond Street offers a rare combination of location, character, space and potential. This distinctive Victorian property is an exceptional opportunity for an owner-operator, professional, medical-related user or investor looking to acquire a property with the potential to create value through thoughtful renovation and repositioning. The 11-foot ceilings and architectural character provide an impressive foundation for a contemporary professional environment while retaining the charm that makes historic Richmond Street properties so distinctive. For the Owner-Operator Own your workspace rather than lease it. Explore the potential for a professional office, medical or allied-health practice, consulting firm, legal/accounting office, research-related business or other permitted use. For the Investor Buy the building. Create the upside. The location presents an opportunity to investigate a variety of value-add strategies, including professional leasing, renovation and repositioning, and potentially residential or furnished accommodation strategies-subject to zoning, parking, building requirements and municipal approvals. The proximity to St. Joseph's Hospital and Lawson Research Institute may make the property particularly interesting for investors exploring potential demand from locum physicians, visiting physicians, medical residents, researchers and other healthcare professionals. With the right vision, 846 Richmond Street could become more than a property-it could become a highly differentiated income-producing asset or a distinctive owner-operated headquarters. Own the Location. Reimagine the space. Create the Value

Details

Type
Investment
Lot
50 × 107 ft
Garage
None
Property tax
$10,025 (2026)
Neighbourhood
East B
Municipality
London East

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Water and sewer
Sanitary
Utilities
Available

Building and exterior

Building area
2,200 Square Feet

More

Possession
flexible
Cross street
Sandringham

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 22 cafés and restaurants, 6 parks, 1 pharmacy. Nearest grocery: Your Independent Grocer (300 m). Nearest park: Doidge Park (350 m).

Schools nearby

Elementary

  • St George's Public School Catholic
    EQAO: Gr 6 reading 90%, math 81%    9 min walk
  • Ryerson Public School11 min walk
  • St. Michael Separate School Catholic
    EQAO: Gr 6 reading 94%, math 53%    16 min walk
  • Jeanne-Sauvé Public School
    EQAO: Gr 6 reading 97%, math 58%    18 min walk

Secondary

  • London Central Secondary School
    EQAO: Gr 9 math 81%, literacy test 91%    1.3 km
  • Catholic Central High School Catholic
    EQAO: Gr 9 math 57%, literacy test 89%    1.8 km
  • H.B. Beal Secondary School
    EQAO: Gr 9 math 56%, literacy test 79%    2.0 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N6A

Owners / renters
29% / 71%
Median household income
$61,200
Average age
41
Children under 15
7%
Homes
19% detached, 55% high-rise
Commute by transit
12%
Population
13,810

Languages spoken most at home besides English: Spanish 1.1%, Mandarin 1%, Portuguese 0.8%, Arabic 0.6%.

Safety

Crime Severity Index for London police: 73 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown London: 2 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX CENTRE CITY REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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