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695 Richmond Street #709

London East, N6A 5M8·MLS® X13125746·

Listing courtesy of One Percent Realty LTD.·Updated May 14

For sale
1 / 26
2Beds
1Baths
900-999Sqft
Year Built

Listing price

$339,900

Est. $1,619/mo

Days on market

31

Listed May 14, 2026

Description

Beautiful two bedroom, one bath, condominium in the heart of downtown London, Ontario. Unit Includes one parking spot. Located along major transit routes offering direct access to UWO, and Fanshaw College. This condo is also close to grocery stores, St Joseph's Hospital, parks, restaurants, and cafes. Good sized laundry room with modern and energy-efficient washer and dryer. The building includes a very well equipped gym, along with a sauna, hot tub and saltwater pool. A short walk to Victoria park where you'll enjoy festivals each year including the iconic London Sun Fest. Close access to the Thames Valley parkway, offering scenic river side hiking and bike trails, as well as several popular parks. Walking distance to Canada Life Place and Harris Park for concerts and events.

Property details

Garage

1 car Underground

Basement

Apartment

Parking

1 spaces

Type

Condo Apartment — Apartment

Heating

Baseboard

AI property estimate

$350,437Above Market
$330,043$370,831

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Blackfriars

London East, ON

Small historic neighbourhood along the Thames River west of downtown with heritage homes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,619
Property tax$368
Insurance (est.)$71
Utilities (est.)$250
Total monthly$2,308

Land transfer tax

Ontario LTT

$3,574

First-time rebate

$3,574

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

May 14, 2026Listed
$339,900

Sold comparables nearby

802 - 500 Talbot Street, London EastSold

$318,000

802 - 500 Talbot Street, London East

2 bd·2 ba·1,200-1,399 sqft
2404 - 389 Dundas Street, London EastSold

$202,000

2404 - 389 Dundas Street, London East

1 bd·1 ba·600-699 sqft

See all 10 comparables

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Market conditions · East F

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$1,360

Rental yield

4.8%

Est. cash flow

-$948

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$86,553

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$350,437

Above Market

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