A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 695 Richmond St #1501, London Ontario N6A 5M6
72 days on Market

695 Richmond St #1501, London, Ontario N6A 5M6

In the same building:
-
Condo
3
2
~1400-1599 sqft
$399,999
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Condo
3
2
~1400-1599 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$268/sqft

Est. Mortgage$1,718/mo

Maintenance fees$537/mo

Tax Amount (2024)$2,937/yr

Days On Market72 days


Description

Welcome to 695 Richmond, Richmond Row's premier condo complex. A one of a kind investment opportunity! Originally a 2 bedroom, recently converted into a 3 bedroom with guaranteed tenants until end of May. Condo has had 100% occupancy over past 4 years. You can close quick and collect the rent from the current tenants or have a June 1st vacant possession closing. Recently renovated, this unit comes fully furnished, with 2 owned parking spots.


Property Details

StyleApartment
View-
Age of property-
SqFt~1400-1599 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberX11970366
Community NameCentral London
Data SourceTRREB
Listing byBREWING BROKERS REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace

Main Floor

Br

4.45 x 4.93

2nd Br

1.5 x 2.58

3rd Br

2.94 x 4.23

Living

5.37 x 3.15


Parking

Garage spaces 2

Garage type Underground

Other parking spaces 0

Total parking spaces 2


15Story
Elevator
Amenities

Gym, Outdoor Pool, Concierge, Visitor Parking, Sauna

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Feb 12, 2025
ListedActive
$399,999
72 days on market
history photo preview30
Listing by trreb®
Property listed by BREWING BROKERS REALTY INC., Brokerage
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Market Data - Central London

Geo Zone Map ThumbnailCentral London

Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

44 days

Compared to

2024

36 days

2023

41 days

2022

7 days

New Listings

Past 30 days

21 listings

Compared to

2024

27 listings

2023

17 listings

2022

32 listings

Units sold

Past 30 days

18 units

Compared to

2024

16 units

2023

10 units

2022

19 units

Median Sold Price

Past 30 days

$362,500

Compared to

2024

$387,000

2023

$393,500

2022

$481,000


Population and Demographics

Overview

Total population 16774
Average household income $95,260

Age (%)

20 to 34
38%
50 to 64
18%
35 to 49
17%
65 and plus
16%
0 to 19
10%

Household composition (%)

Single person
57%
Single family
33%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
Spanish
3%
Arabic
2%
French
2%
Portuguese
1%

House tenancy (%)

Renters
77%
Owners
23%

Schools and amenities

Estimated Budget