36 days on market
$525,000
For Sale

1235 Richmond St, Unit #315

East B, London

2+null Bed|2 Bath|No|36 days on market

$525,000

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Home Details

Maintenance
$435.49 / month
Taxes
$227 / month
Total Parking Spots
0
Garage Spaces
NaN
Balcony
No
Furnished
No
Exposure
W
Move-in Date
can be immediate if tenant assumed
Locker
None
Hydro Included
No
Heating
Forced Air
Water Included
No
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Brick
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing Description

Great Investment Opportunity Or Live In Yourself! Spacious 2 Bed 2 Bath in Luxury Building that is University of Western Ontario! This is the premium destination for students living in London. The current lease is in place until April 26, 2025 and the Seller has terminated the management contract and has informed the tenant they will not renew the lease (unless the buyer wants to keep the tenant currently paying $2390/month. Buyers can use the property for themselves after the lease term.
All existing window coverings, fridge, stove, all existing furniture included, but not tenant's personal belongings.

Property History

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There's no lease history for this property

Rooms

Room dimensions for 1235 Richmond St, Unit #315, London
Living
21 x 11231 sqft
Dining
21 x 11231 sqft
Kitchen
21 x 11231 sqft
Primary
14 x 9126 sqft
2nd Br
14 x 342 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 1235 Richmond St315 is 3250

Price

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$525000
Down Payment$105000
Mortgage Insurance$0
Total Mortgage$420000

Monthly Payment


Mortgage Payment$2588
Property Taxes$227
Maintenance Fees$435
Monthly Payment$3250
$3250
monthly

Sold Comparables

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About 1235 Richmond St, Unit #315, London

Located at 1235 Richmond St Unit #315, this London condo is available for sale. This property was listed for $525,000 on Wed Mar 12 2025. This condo's size is 900-999 Sqft. It has 2 bedrooms and 2 bathrooms. Monthly maintenance is $435 per month and taxes are approximately $2,722 annually. Views are to the West from this property. Step outside onto the open balcony. The property includes the following rooms: Living, Dining, Kitchen, Primary, 2nd Br. This property also comes with a locker. 1235 Richmond St, London is situated in the East B neighbourhood.


MLS#: X11992271 · $525,000 · 2 bedroom condo in East B, London