Sold conditionally
83 days on Market

1235 Richmond St #305, London, Ontario N6A 0C1

In the same building:
-
Condo
2
2
~800-899 sqft
$524,999
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Condo
2
2
~800-899 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$620/sqft

Est. Mortgage$2,255/mo

Maintenance fees$413/mo

Tax Amount (2024)$2,565/yr

Days On Market83 days


Description

CALLING ALL INVESTORS!Looking for a high-return investment property with guaranteed rental income? Look no further! This modern 2-bedroom, 2-bathroom condo, located in the heart of vibrant London, Ontario, is just steps from Western University, making it the perfect rental property for students and young professionals alike. With a contemporary design, the fully-equipped kitchen boasts granite countertops and sleek stainless steel appliances. Expansive windows fill the open-concept living space with natural light, creating an inviting atmosphere. The unit is fully furnished and includes in-suite controlled heating, offering both comfort and convenience year-round. But that's not all! Residents enjoy an array of top-tier amenities, including an onsite Starbucks, a billiards lounge, a games room, a fitness center, a yoga studio, and a rooftop patio with panoramic views. This condos prime location means its close to local shops, dining, and entertainment, making it highly desirable for tenants. Whether you're a seasoned investor or looking to get into the real estate market, this property offers a combination of luxury, location, and guaranteed rental income. Don't miss out on this exceptional opportunity to add a high-demand rental to your portfolio!


Property Details

StyleApartment
View-
Age of property-
SqFt~800-899 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX9367799
Community NameNorth London
Data SourceTRREB
Listing byRE/MAX EXPERTS

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Kitchen

3.91 x 2.87

Open Concept / Centre Island / Stainless Steel Appl

Living

3.34 x 4.64

Large Window / Combined W/Kitchen / Open Concept

Br

2.83 x 4.57

Large Window / 3 Pc Ensuite / W/I Closet

Br

2.82 x 4.55

Large Window / 3 Pc Ensuite / W/I Closet


3Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RE/MAX EXPERTS, Brokerage
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Population and Demographics

Overview

Total population 9916
Average household income $144,067

Age (%)

20 to 34
30%
65 and plus
21%
50 to 64
17%
0 to 19
17%
35 to 49
16%

Household composition (%)

Single family
49%
Single person
39%
Multi person
12%
Multi family
0%

Mother tongue (%)

English
86%
Others
8%
Spanish
2%
Mandarin
1%
Arabic
1%

House tenancy (%)

Renters
52%
Owners
48%

Schools and amenities

Estimated Budget