1235 Richmond Street #901
London East, N6A 0C1·MLS® X13133892·
Listing courtesy of Royal Lepage Triland Realty·Updated 4 days ago
Listing price
$589,888
Est. $2,809/mo
Days on market
Listed May 15, 2026
Description
Available for vacant possession, this is an excellent opportunity for parents looking to secure housing for a student, end users wanting flexibility, or investors seeking a turnkey property in one of London's most established student communities. The Luxe is London's premier purpose-built student condominium residence, offering an unmatched combination of convenience, security, and lifestyle. Residents enjoy exceptional amenities including 24-hour concierge service, a world-class fitness centre, games room, board rooms, rooftop patio, 40-person theatre, on-site convenience store, and Starbucks. Safe, convenient, and an outstanding investment opportunity, the building also offers complimentary winter shuttle service to Western University and CF Masonville Place. This quiet end unit features approximately 1075 square feet of well-designed living space with 3bedrooms, updated carpeting and mattresses, stainless steel appliances, granite countertops, and all furniture included. Heat, air conditioning, and water are all included in the condo fees, making ownership simple and stress-free. Be quick - opportunities like this do not last long.
Property details
Basement
None
Type
Condo Apartment — Apartment
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London East, ON
Established subdivision east of Masonville surrounded by the Stoney Creek Valley.
Monthly payment estimate
Land transfer tax
Ontario LTT
$8,273
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$485,000
607 - 1235 Richmond Street, London East
Sold$487,000
614 - 1235 Richmond Street, London East
See all 10 comparables
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Market conditions · East B
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
$2,360
Rental yield
4.8%
Est. cash flow
-$1,462
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$143,307
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$578,515
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