1235 Richmond Street, London, ON N6A 0C1
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1235 Richmond Street, London, ON N6A 0C1
1235 Richmond Street, London, ON N6A 0C1
1235 Richmond Street, London, ON N6A 0C1
1235 Richmond Street, London, ON N6A 0C1
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Danielle Pinnock

Danielle Pinnock

+1(519) 671-7653
Listed by Igor Miljanovic • HOMELIFE MIRACLE REALTY LTD
$ 619,999
Est. payment /mo
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Active Under Contract

1235 Richmond Street London, ON N6A 0C1

3 Beds

2 Baths

1,088 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condo/Apt Unit

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,088 sqft

Price per Sqft $569

MLS Listing ID 40810338

Style 1 Storey/Apt

Bedrooms 3

Full Baths 2

HOA Fees $629/mo

HOA Y/N Yes

Abv Grd Liv Area 1,088

Annual Tax Amount $3,923

Property Sub-Type Condo/Apt Unit

Source Cornerstone

Property Description

Rare opportunity to own a premium 3-bedroom, 2-bathroom corner suite in "LuxeLondon," the city's premier luxury student residence. Perfectly positioned at thegates of Western University, this unit offers an investor's dream: a professionalrental management company that GUARANTEES the rent and handles all tenantplacement-providing a truly passive, hands-off income stream. Generating $37,200 inannual gross income against a $619k purchase price, this is one of thehighest-yielding residential assets in the market.This sun-drenched suite comes fully furnished and features a modern kitchen withgranite counters and stainless steel appliances. UNMATCHED PERK: This unit includesa highly coveted PARKING SPACE-a rare and valuable asset in this building thatsignificantly boosts resale value and tenant demand. Residents enjoy world-classamenities: a 40-seat movie theatre, 24/7 fitness centre, yoga studio, rooftopterrace with panoramic city views, sauna, and a business lounge. Footsteps toRichmond Row, Masonville Mall, and transit. Whether you are looking to diversifyyour portfolio or start your investment journey with a "sure thing," this is theone. Low stress, high return, and a location that will never go out of style!

Location

Province ON

County Middlesex

Area East

Zoning R9-7

Rooms

Main Level Bedrooms 3

Kitchen 1

Interior

Interior Features Other

Heating Forced Air

Cooling Central Air

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Parking Features Attached Garage

Garage Spaces 1.0

Roof Type Asphalt Shing

Garage Yes

Building

Lot Description Urban, Shopping Nearby, Other

Sewer Sewer (Municipal)

Water Municipal

Architectural Style 1 Storey/Apt

Structure Type Concrete

New Construction No

Others

Senior Community No

Tax ID 094570062

Ownership Condominium

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Danielle Pinnock

Danielle Pinnock

+1(519) 671-7653

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1235 Richmond Street