2 hours on Market

1235 Richmond St #615, London East, Ontario N6A 0C1

In the same building:
-
Condo
2
2
~800-899 sqft
$499,000
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Condo
2
2
~800-899 sqft

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Highlights

Property Estimate

Days on market2 hours

Estimated valueNot available

Price/Sqft$589/sqft

Monthly cost

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CMA Subject Property

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+1

Properties sold*

$550K

Median sold price*

*Based on last 30 days

Description

Turnkey investment in London's most desirable student condo building! This spacious 2-bedroom, 2-bathroom unit is currently tenanted, providing stable and reliable monthly income for the owner. Each bedroom features its own ensuite, maximizing rental appeal for student tenants. The current owner has signed a rental guaranty agreement with Craft Property Group, ensuring a fixed rental assurance-fully transferable to the new owner. Enjoy predictable cash flow and professional property management, making this a low-maintenance investment with reduced vacancy risk. Located steps from Western University and close to downtown London's business center, entertainment district, parks, and Masonville Mall. The building offers premium amenities: rooftop terrace, 40-seat theatre, billiards and games lounge, social lounge, state-of-the-art fitness center, yoga & Pilates studio, and business center. An exceptional opportunity for investors seeking consistent income, strong rental demand, and excellent building amenities.


Property Details

StyleApartment
View-
Age of property-
SqFt~800-899 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12539490
Community NameNorth London
Data SourceTRREB
Listing byAVION REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

6.27 x 3.43

Combined W/Dining / Combined W/Kitchen / Open Concept

Dining

6.27 x 3.43

Combined W/Kitchen / Combined W/Living / Open Concept

Kitchen

6.27 x 3.43

Combined W/Living / Combined W/Dining / Open Concept

Primary

4.29 x 2.77

Large Window / Separate Rm


6Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Nov 13, 2025
ListedActive
$499,000
2 hours on market
history photo preview23
Listing by trreb®

Market Data - North London

Geo Zone Map ThumbnailNorth London

Strong 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

0 day

Compared to

2024

68 days

2023

0 day

2022

67 days

New Listings

Past 30 days

1 listing

Compared to

2024

3 listings

2023

3 listings

2022

2 listings

Units sold

Past 30 days

0 unit

Compared to

2024

1 unit

2023

0 unit

2022

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2024

$550,000

2022

$535,425


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