Unknown for 1235 Richmond St #418, London East Ontario N6A 0C1
63 days on Market

1235 Richmond St #418, London East, Ontario N6A 0C1

In the same building:
-
Condo
3
2
~1000-1199 sqft
$589,900
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Condo
3
2
~1000-1199 sqft

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Highlights

Property Estimate

Days on market63 days

Estimated valueNot available

Price/Sqft$540/sqft

Monthly cost

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Description

This fully upgraded and freshly painted corner unit presents a unique opportunity for investors or parents of students alike. Located at the end of the hall on the fourth floor, this unit is quiet and close to the stairwell making it convenient for tenants whether they prefer a short elevator ride or to get their steps in. This three-bedroom suite is fully furnished and move-in ready. Each bedroom is generously sized, complemented by an upgraded kitchen and a welcoming living area designed for both study and relaxation. The suite boasts strong rental income, positive cash flow, and reliable tenants. Parking spaces available to rent, renewed annually. The building itself provides an exceptional student living experience, with premium amenities such as a state-of-the-art fitness club, yoga studio, theatre room, billiards lounge, sauna, and a rooftop patio for summer gatherings. Just steps from the gates of Western University, and close to Londons largest shopping mall, entertainment district, and public transit, this property combines convenience, community, and long-term investment potential.


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12431957
Community NameNorth London
Data SourceTRREB
Listing byKeller Williams Edge Realty

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

3.2 x 3.1

Primary

4.93 x 2.79

3 Pc Ensuite / W/I Closet

2nd Br

3.81 x 2.79

3rd Br

3.81 x 2.79


4Story
Amenities

Exercise Room, Indoor Pool, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by Keller Williams Edge Realty, Brokerage
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Market Data - North London

Geo Zone Map ThumbnailNorth 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

57 days

Compared to

2024

72 days

2023

0 day

2022

50 days

New Listings

Past 30 days

3 listings

Compared to

2024

3 listings

2023

1 listing

2022

4 listings

Units sold

Past 30 days

3 units

Compared to

2024

1 unit

2023

0 unit

2022

3 units

Median Sold Price

Past 30 days

$492,000

Compared to

2024

$600,000

2022

$530,000


Population and Demographics

Overview

Total population 9916
Average household income $144,067

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget