69 days on market
$470,000

Price Estimate: $478,351

For Sale

695 Richmond St, Unit #1501

East F, London

3+0 Bed|2+0 Bath|Yes|69 days on market

$470,000

Price Estimate: $478,351

Buy with Dwelly and Save $4,700

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Home Details

Maintenance
$537 / month
Taxes
$245 / month
Total Parking Spots
2
Garage Spaces
2
Balcony
No
Furnished
No
Exposure
SE
Move-in Date
TBA
Locker
None
Hydro Included
No
Heating
Forced Air
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
Y
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
Main
Exterior
Brick
Zoning
BDC1
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing Description

Welcome to 695 Richmond, Richmond Row's premier condo complex. A one of a kind investment opportunity! Originally a 2 bedroom, recently converted into a 3 bedroom with guaranteed tenants currently in the process of renewing the lease until May 31, 2025. Recently renovated, this unit comes fully furnished, with guaranteed tenants and rental income for the remainder of the lease term. Minutes from Western University, and a direct bus to Fanshawe College. Steps away from Victoria Park, Covent Market, Budweiser Gardens and all the amenities of downtown London. Amenities feature: Salt water in ground pool, sauna and workout area, 2 owned underground parking spots, 24 hour concierge/security and a spacious 1500+ SF floor plan with quality appliances/finishes.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
May 1, 202060$275,000$265,000SoldX7778273
Apr 30, 200411$169,900$167,500SoldX7480760

Rooms

Room dimensions for 695 Richmond St, Unit #1501, London
Kitchen
Unspecified
Br
Unspecified
2nd Br
Unspecified
3rd Br
Unspecified
Living
Unspecified
Bathroom
Unspecified
Bathroom
Unspecified
Dining
Unspecified

Building Amenities

Concierge
Gym
Outdoor Pool
Sauna
Visitor Parking

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 695 Richmond St1501 is 3099

Price

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Rate

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$470000
Down Payment$94000
Mortgage Insurance$0
Total Mortgage$376000

Monthly Payment


Mortgage Payment$2317
Property Taxes$245
Maintenance Fees$537
Monthly Payment$3099
$3099
monthly

Sold Comparables

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About 695 Richmond St, Unit #1501, London

Located at 695 Richmond St Unit #1501, this London condo is available for sale. This property was listed for $470,000 on Sat Apr 06 2024. This condo's size is 1400-1599 Sqft. It has 3 bedrooms and 2 bathrooms. Monthly maintenance is $537 per month and taxes are approximately $2,937 annually. Views are to the SouthEast from this property. Step outside onto the open balcony. The property's amenities include Concierge, Gym, Outdoor Pool, Sauna, Visitor Parking. The property includes the following rooms: Kitchen, Br, 2nd Br, 3rd Br, Living, Bathroom, Bathroom, Dining. This property comes with 2 parking spots. This property also comes with a locker. are included with this property. 695 Richmond St, London is situated in the East F neighbourhood.


MLS#: X8087744 · $470,000 · 3 bedroom condo in East F, London