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$499,000
Ontario,London East (East B)
For Sale Active
615 - 1235 RICHMOND STREET, London East (East B), Ontario N6A0C1
  • 2
  • 2
  • 899 Sqft
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12539490
  • Price: $499,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Square Footage: 899 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 291350
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: None
  • Parking: No Garage
  • Exterior Features: Brick
Address Map
  • Location: CA, Ontario, London East (East B), N6A0C1
  • Street: Richmond
  • Street Number: 1235
  • Street Suffix: Street
  • Longitude: W82° 44' 3.5''
  • Latitude: N43° 0' 45.9''
Additional Information
  • Community Features:
Financial
  • Association Fee: 459.21
  • Association Fee Frequency: Monthly
  • Association Fee Includes:
  • Tax Annual Amount: 2721.51
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Listing updated: 2025-11-18 04:23:49
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Listing Information
  • List Agent Key: 2055961
  • List Office Key: 291350
  • Modification Timestamp: 2025-11-13T17:10:34Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-11-13T16:57:31Z
Powered by REALTOR.ca
Listing updated: 2025-11-18 04:23:49

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